StreetInsider.com After-Hours Movers: Transmeta Corporation (NASDAQ: TMTA) 20% HIGHER; announced that, with the assistance of its independent financial advisors Piper Jaffray & Co., it has initiated a process to seek a potential sale of the Company.
After actively exploring a full range of strategic alternatives over the past few months and after strengthening its balance sheet, Transmeta will now explore a possible sale of the Company as a way to enhance value for all its stockholders.
In a separate press...
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