CONN’S, Inc. (CONN) Explores Sale; Adopts Poison Pill

CONN'S, Inc. (NASDAQ:CONN), a specialty retailer of durable consumer goods, said it will explore a full range of strategic alternatives including a sale of the company to enhance its shareholder value.

The retailer’s CEO emphasized, however, that the company has ample capital and liquidity to execute its business plan.

Explore strategic alternatives

The electronics and home appliance retailer CONN'S, Inc. (NASDAQ:CONN) said its board authorized its management to explore a full range of strategic alternatives including, but not limited to, a sale of the company, separating its retail and credit businesses or slowing store openings and returning capital to investors.