Ailing Exigent International Inc., with its varied satellite, software, telecommunications and technology assets, announced earlier this month it would put itself up for sale. But at least one analyst thinks it will be hard pressed to get a premium to its current stock price. Michael Roesler, an analyst with Taglich Brothers, said the stock has been struggling with its satellite peers, in particular companies like Iridium LLC and ICO-Teledesic Global Ltd. But Exigent also faces the problem that its assets do not fit together in a logical manner, said Roesler, adding “This isn’t a General Electric [Inc.]-type conglomerate.”
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