Boston, MA 10/03/2014 (wallstreetpr) – According to reports, RealD (NYSE:RLD) has commented on a letter that it received from Starboard Value LP on October 1, 2014. It stated that the board of directors of RLD will consult with its advisors and then taken any final call on non-binding, unsolicited indication of interest from Starboard Value LLP. It also stated that it was open for discussion about various opportunities that could add value to its stakeholders.
Road ahead:
As per the information, it has given a positive response to Starboard’s proposal. RealD (NYSE:RLD) doesn’t want to leave any stone unturned in order to add value to its stockholders. From the time to time, it keeps taking various steps that enhance the overall brand image of the company. It is one of those few companies that work on enhancing the level of virtual technologies like 3D. It works like the global distributor of 3D technology and other similar services. In today’s time, when 3D movies are released in theaters, they entertain not only kids, but also adults. Comprehensive portfolio of RLD’s services is used in the preparation of various applications that are used in theaters to offer second to none 3D experience. It also provides eyewear products to consumer product manufacturers in order to improve the overall theater experience. It looks forward to various opportunities for increasing its revenues, profits and scope of future growth.
Complete information about vision, mission and its objective is given on the official website of RealD (NYSE:RLD). It has done pretty good in terms of financial results in a recent past, and expects to do the same or even better in coming days. One of the spokesmen of RLD said that one thing that always drove the company towards growth path was nothing but the trust of its stakeholders. Further updates about company’s decision on Starboard’s proposal will be revealed soon.
