Blucora rallies following report of Brookstone bid The WSJ reports Blucora ( BCOR +3% ) is prepping an all-cash bid for struggling specialty electronics retailer Brookstone that would trump a $260M stalking-horse offer ($120M in cash + the assumption of $140M in debt) from private Spencer Spirit Holdings. Sources state Blucora would merge Brookstone with online electronics accessory retailer Monoprice ( acquired last year for $180M). Shares ...
March 31, 2014 - Seeking Alpha