Venerable networking outfit Banyan Systems Inc has told Bloomberg that it may spin off its telephone directory subsidiary, Switchboard.com (CI No 3,485). Shares in Banyan jumped to $8 from less than $5 on Tuesday November 24 amid speculation that Switchboard would be given a separate public offering.
Venerable networking outfit Banyan Systems Inc has told Bloomberg that it may spin off its telephone directory subsidiary, Switchboard.com (CI No 3,485). Shares in Banyan jumped to $8 from less than $5 on Tuesday November 24 amid speculation that Switchboard would be given a separate public offering.
