National CineMedia (NCMI +0.8% ) has gotten an upgrade to Buy from B. Riley, which sees the prospect of a sale increasing.
The firm's Eric Wold points to a recent 13D filing from Standard General where the firm discussed seeking two board seats and said it expected to engage in discussions with management, the board and other stockholders.
A sale of the company would reduce cash flow demands, he notes, and the company would become more attractive as a media platform. (h/t Bloomberg)
National CineMedia (NCMI +0.8%) has gotten an upgrade to Buy from B. Riley, which sees the prospect of a sale increasing. The firm's Eric Wold points to a
National CineMedia NCMI +0.8% has gotten an upgrade to Buy from B Riley which sees the prospect of a sale increasing The firm's Eric Wold points to a recent 13D filing from Standard General where the firm discussed seeking two board seats and said it expected to engage in discussions with management the board and other stockholders A sale of the company would reduce cash flow demands he notes and the company would become more attractive as a media platform h t Bloomberg