Technicolor responds to market rumours

Media and entertainment technologist Technicolor has responded to what it calls press reports and market rumours with respect to potential transactions involving the company.

In a Statement, Technicolor says it regularly reviews and evaluates strategic alternatives for its assets, whether acquisitions, combinations or divestments, in the best interest of its stakeholders. “This may involve discussions with industry players and/or financial investors. This is an ongoing process in keeping with management’s mission to deliver value for shareholders,” it states.

Source: Technicolor responds to market rumours