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BREAKING- InfuSystem Says no Longer Considering Sale of Company (INFU)

Shares of InfuSystem Holdings (NYSE: INFU) are down 5.75 percent in premarket trading after announcing that it was no longer considering the sale of the company.

In an open letter to shareholders, the company said that after careful consideration, the special committee has decided to terminate talks to sell the company. The maker of infusion pumps and related services for the U.S. healthcare industry said that it was in the best interest of shareholders to, “focus on growing revenue, increasing profitability, serving our customers, building an enduring business and, thus, creating long-term value for all of the Company’s shareholders.”

The full text of the letter can be found here

[stock-tools exchange="NYSE" symbol="INFU" image_height="230" image_width="350"]

Disclosure: At the time of this writing, the author had no position in the company mentioned.

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