Netpliance Surges 45.6% on Buyout Offer - TheStreet

Netpliance Surges 45.6% on Buyout Offer

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Netpliance (NPLI) spiked 45.6% in midafternoon trading after an investor group led by the company's CEO offered to buy its remaining stock for about $20 million, or 65 cents per share cash. The Internet home appliance company earlier today reached a 52-week low of 28 cents. Its year-high was $26.13.