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Bombay files annual report on Form 10-K
05 May '07
2 min read
The Company is currently in negotiations with potential lenders on a supplemental facility that would provide additional liquidity.
In light of these challenges and as previously announced, the Board of Directors engaged William Blair & Company, an investment banking firm, and is evaluating a range of strategic alternatives to include pursuing our current strategy as an independent public company, seeking a strategic partner or acquirer, seeking a financial partner to make a substantial equity investment, or some combination of the foregoing.
In April 2007, a confidential descriptive memorandum was distributed to potentially interested investors and the Company is aggressively pursuing options. This process is in its early stages, and there can be no assurance of any particular outcome. The Company does not expect to disclose further developments regarding the process until the review of strategic alternatives has been completed.
In light of these challenges and as previously announced, the Board of Directors engaged William Blair & Company, an investment banking firm, and is evaluating a range of strategic alternatives to include pursuing our current strategy as an independent public company, seeking a strategic partner or acquirer, seeking a financial partner to make a substantial equity investment, or some combination of the foregoing.
In April 2007, a confidential descriptive memorandum was distributed to potentially interested investors and the Company is aggressively pursuing options. This process is in its early stages, and there can be no assurance of any particular outcome. The Company does not expect to disclose further developments regarding the process until the review of strategic alternatives has been completed.
The Bombay Company Inc
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