Barington Capital Group Proposes Value-Enhancing Strategy for TriMas Corporation (TRS)

Key Summary: Barington Capital Group (1%) advised TriMas Corporation on December 12, 2023, to sell Arrow Engine, improve Aerospace performance, and focus on Packaging to boost shareholder value by potentially increasing shares by $42-$54 over three years, a 65%-116% premium to the current share price, urging prompt board consideration. By July 29, 2024,…