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

Jul 05, 2024

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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,…

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Snowball Research

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

This post is for paid subscribers