ReplayTV Maker Up For Sale
Sonicblue, the manufacturer of the ReplayTV line of personal video recorders, said it had hired a financial advisor to consider possible options, including a sale of the company.
The firm of Houlihan Lokey Howard & Zukin is in the process of evaluating available strategic options in light of the amount of debt on Sonicblue's balance sheet, the company said. Among the various options the Sonicblue board has authorized to be explored is the identification of new financial or strategic partners who might invest in, or acquire the company's business units or assets.
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