Short Take: Broderbund gains on sale rumors
Educational and gaming software company Broderbund saw its shares rise 8 percent, to 16.75, on published reports that it may be up for sale. The company has traded as high as 37.75 and as low as 15.25 during the past 52 weeks. A company spokesman said Broderbund does not comment on rumors or speculation. The maker of Myst and Riven laid off 70 employees in March.
Educational and gaming software company saw its shares rise 8 percent, to 16.75, on published reports that it may be up for sale. The company has traded as high as 37.75 and as low as 15.25 during the past 52 weeks. A company spokesman said Broderbund does not comment on rumors or speculation. The maker of Myst and Riven laid off 70 employees in March.