Due to inquiries from an investor or investors wishing to acquire the shares of its principal shareholders, Tefron Ltd. announced June 21 it would explore strategic options, including a sale. And at least one analyst, who is sold on the potential of the $215 million market cap company’s seamless undergarment products, thinks it should go from between $300 and $400 million. The Street, which has pushed the company’s stock up about 80% over the last year, liked the announcement, lifting shares 8% to $19. At press time it had slipped back to $17.25.
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