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Liberty Tax Receives Takeover Bid

Nicole Ossenfort, Liberty Tax Liberty Tax, whose ownership changed hands during the summer, has received a bid for all outstanding share at $13 per share. That is about $182 million based on shares reported outstanding in the company’s most recent Form 10-K. 

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Jackson Hewitt Faces Possible Delisting

Jackson Hewitt logoJackson Hewitt Tax Service has been notified by the New York Stock Exchange that the company's common shares have fallen below the exchange's requirement that listed stocks have a minimum average share price of $1 per during a consecutive 30-day trading period. The company has until six months from receipt of the notice to meet the requirement or face possible delisting of its stock. It was the second such notice this year.

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