Progress For Sale?

[LarryD]

Saw this on FB:

http://www.bizjournals.com/boston/b...tech-firm-with-customers-like-ebay-hp-is.html

 

[TomBascom]

"Exploring options" perhaps. Big companies do that every now and again.

The article is vague. Progress, of course, will neither confirm nor deny. But a couple of investors were forced to reveal that they have stakes greater than 10% in recent SEC filings so there may be more smoke than usual behind the rumor. The last time someone took a stake like that most of the non-core bits got sold off. In theory that was "just a coincidence..." but the timing was certainly suspicious.