Bullet points of Activist Barington urges manufacturer TriMas to consider sale of company
👉 Barington Capital Group is urging TriMas to launch a strategic review, including the possible sale of the entire company
👉 The hedge fund argues that hiring a new CEO would delay the review and sales process
👉 Barington wants the board to focus on finding a financial adviser to explore options
👉 The company's stock price has lagged over the last five years
👉 Barington believes that a sale of the company or its individual businesses could boost shareholder value
Published at
2025-01-10 14:21:43Event JSON
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