ReachLocal Stock Up 187% On Acquisition News

ReachLocal Stock Up 187% On Acquisition News
ReachLocal Inc. (NASDAQ: RLOC) shares spiked 187% on news of its shares being acquired by Gannett Co. (NYSE: GCI) for $4.60 per share in cash. The transaction is subject to customary closing conditions, including the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and there being validly tendered and not withdrawn in the tender offer... Read More