Osmium Partners supports Rosetta Stone buyout
Osmium Partners is an activist and second largest shareholder of Rosetta Stone, owning 9.7% of the company. It believes the company is undervalued given the business model shift, value of the underlying assets, and recent comparable transactions. Osmium believes Rosetta Stone's shares could transact to a strategic buyer at a price of $16 per share or better. Therefore, Osmium encourages an evaluation of strategic alternatives.