Smartphone protective case maker Zagg hires bank to explore options

By Greg Roumeliotis (Reuters) - Zagg Inc , a U.S. manufacturer of protective cases for smartphones and tablets, said on Tuesday it had retained Bank of America Corp to explore "strategic alternatives to maximize shareholder value." Reuters reported earlier on Tuesday that Zagg had hired a financial adviser to weigh a sale of the company following acquisition interest from private equity firms. "We do not expect to comment further on this process until we have made a decision and are prepared to announce its final outcome," Zagg CEO Chris Ahern said in a statement.

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