Lexmark Exploring Strategic Alternatives Incl. Possible Sale Of Company: WSJ

(RTTNews) - Printer maker and enterprise services provider Lexmark International Inc (LXK) is exploring strategic alternatives including a possible sale of the company, the Wall Street Journal reported, citing people familiar with the matter.

The company is working with investment bank Goldman Sachs Group Inc. (GS)on the process and could have possible buyers include other technology companies and private-equity firms, the report stated.

It is possible no deal for Lexmark will come out of the process, the report added.

The Lexington, Kentucky based company had a market value of $1.9 billion on Thursday afternoon.

The company's shares closed Thursday's trading at $32.88, up $1.82 or 5.86%, on the NYSE. The stock further gained $0.61 or 1.86% in the after-hours trade.