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People & Business :: Companies
Schulman to Review Options, Including Possible Sale
1:14 PM MDT | March 17, 2008 | Kerri Walsh
A. Schulman has hired UBS Investment Bank as its financial advisor to explore alternatives including an acquisition, merger, or sale. "This is the latest step in the ongoing process of evaluating all alternatives available to the company to maximize stockholder value," says Joseph M. Gingo, chairman, President and CEO of Schulman. "We will also continue to move ahead with our operational initiatives to transform our business and position A. Schulman for long-term, profitable growth," Gingo says. Schulman is undergoing a restructuring program...
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