Nautilus (NLS) Announces Strategic Review, Including Potential Sale
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Nautilus Announces Strategic Review
September 26, 2022 4:05 PM EDTBoard of Directors to evaluate opportunities to accelerate transformation and enhance shareholder value
Company has engaged Evercore to assist in the process
VANCOUVER, Wash.--(BUSINESS WIRE)-- Nautilus, Inc. (NYSE: NLS) (Nautilus or the Company), an innovation leader in home fitness for over 30 years, today announced that its Board of Directors (the Board), with the support of management, has launched a comprehensive review of strategic alternatives, which may include a potential sale of the Company, to identify opportunities to accelerate the Companys digital transformation under its... More
