Now that surveillance and security products manufacturer Ultrak Inc. has named Lehman Brothers as its financial advisor, the Street has noticed. Ultrak announced on Nov. 1 it would look at strategic alternatives, with little fanfare from investors. But on Dec. 4, when the Lewisville, Texas-based firm said Lehman would handle the process, its stock skipped up to $4.88 from $4.09. At press time, shares of $70 million market cap Ultrak were trading at $4.63 each.
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