Under Activist Pressure, Box Reportedly Considering a Sale

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The clouds might be darkening for cloud-based storage services provider Box (NYSE: BOX) as an independent entity. According to a report published Monday in Reuters, citing “people familiar with the matter,” the company is contemplating a sale to an outside entity.

The article’s sources say that Box management has discussed such an arrangement with interested buyers, including private equity firms. None of these companies were identified. 

Image source: Getty Images.

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