Quotient working with bank to explore sale, Reuters reports

Quotient Technology is exploring options that include a sale as the company faces a collapse in advertising revenue, Milana Vinn of Reuters reports, citing people familiar with the matter. Quotient is working with Houlihan Lokey (HLI) on a sale process that has been under way for several weeks, sources told Reuters. Shares of Quotient Technology are up 14% to $3.80 following the report. Reference Link