Incomnet Retains Adviser on Possible Sale of Assets

Incomnet Inc. of Westlake Village said it retained investment banking firm Gruntal Capital Markets to advise it on a possible sale of all or part of its assets through a merger, purchase or other transaction.

It said it is interested in maximizing shareholder value, but there is no assurance that a deal will occur.

Incomnet operates a computerized auto parts trading network. In the nine months that ended Sept. 30, it earned $313,418 on $2.29 million in revenue.