RDG Capital Recommends Internap Explore a Potential Sale or Merger to Maximize Shareholder Value.
RDG Capital - which is run by the former President of Icahn Associates, Russell Glass, issued a press release suggesting INAP could be worth $16-$19 per share in a sale transaction. The stock is currently trading around $10.40/share.
The full text of RDG's letter, including a list of potential buyers, can be found here.