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Progressive Gaming International Corp. mulls possible sale

Oct 14, 2008 5:01 PM

by Ray Poirier | Progressive Gaming International Corp. (PGICD) announced Monday that it had retained the firm of Roth Capital Partners LLC to assist the company in evaluating strategic alternatives, including a possible sale.

The announcement came on the heels of the departure of the company’s chief executive officer, Russell McMeekin.

In Monday’s announcement, the company said it cannot say when it expects the review to conclude and does not intend to comment on it further until a specific alternative is issued by the company’s board of directors.