Monday, June 11, 2007

H&R Block rises on upgrade, buyout speculation

(Reuters) - She said the Kansas City, Missouri company could be worth $30 per share if it were acquired by a private equity firm or if it significantly changed its strategy. Flynn estimated a 40 percent chance of a leveraged buyout at $27 to $33 per share.




A spokesman for H&R Block did not immediately return a call seeking comment.


Read more at Reuters.com Business News

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