Thursday, April 30, 2015

Local Corporation Looks For Buyer

Irvine-based Local Corporation, the publicly traded search and advertising technology company, said this morning that it is looking to explore "strategic alternatives", and hired Siemer & Associates as a financial advisor. The company said the move is aimed at "enhancing shareholder value" and to maximize the value of its business. Local said it did not have a specific timeline for the strategic review process.