Republic Group Inc. has retained the services of J.P. Morgan to explore strategic alternatives, including a possible sale, and sources say the company could have an easy time on the auction block. The July 6 news caught the attention of the Street, as the company’s stock jumped nearly 16% before closing at $12.50. At press time, the stock had slid back to $12.

To read the entire story, you must be logged in.
Please log in now or register with us.

How useful was this post?

Tell us more about your rating decision