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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Hewitt Sells Shares, Control of Liberty

John Hewitt, Liberty TaxFormer CEO John Hewitt has agreed to sell all his shares in Liberty Tax to an investment group which will assume control of the tax services company. He will also resign his position as chair with four board members he appointed also resigning, the company said this week. That includes Nicole Ossenfort, who will retain her CEO job after the sale.

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