Marin Software Incorporated has announced that it has entered into a non-binding letter of intent with a private equity firm to explore a potential transaction. This transaction could involve the private equity firm acquiring substantially all of Marin Software's assets. The company's Board of Directors believes that, if completed, this transaction would result in greater liquidating distributions to stockholders compared to the previously considered voluntary dissolution of the company. The announcement reflects the company's ongoing evaluation of strategic alternatives to maximize shareholder value.
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