BRIEF-PRD Energy says board has concluded review of company's strategic alternatives process

Mon Jun 27, 2016 4:40pm EDT
 
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June 27 (Reuters) - PRD Energy Inc

* Says board has concluded its review of company's strategic alternatives process

* Says board determined that an orderly liquidation and dissolution of co is best alternative for maximizing shareholder value

* Effective immediately, co will cease to carry on business except as may be required to wind up business and affairs of PRD Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)