NDAQ:MATW) Matthews Sends Letter to Shareholders Outlining Reasons to Vote on the WHITE Proxy Card For All Three Matthews ...
The market cap has been updated. The valuation paid for SGK is almost 50% higher in multiple than what we expected, which was just a standard private market multiple for a less exciting business ...
Matthews to sell SGK to a newly formed entity created by affiliates of SGS & Co Matthews to realize upfront consideration of $350 million and receive 40% interest in new entity Initial enterprise ...
International sent a letter to its shareholders that it says emphasized “the company’s commitment to long-term value ...
Gary R. Kohl, the current President of SGK, will lead the new entity as CEO, with Matthew T. Gresge, the current CEO of SGS, serving as Executive Chairman of the Board. 10 Stocks to Sell NOW!
Shares of Matthews International rose after the company said it will sell its interest in SGK Brand Solutions, a packaging and branding agency, for $350 million. The stock was up 14%, to $30.92, on ...
Indeed, Barington has repeatedly proposed the sale of the Company's SGK segment, a poorly performing business that has resulted in a write down of more than $266.2 million under the Company's ...
Matthews (MATW) International and affiliates of SGS & Co have entered into a definitive agreement under which Matthews will sell its interest in SGK Brand Solutions to a newly formed entity ...
It operates through the following segments: Memorialization, Industrial Technologies, SGK Brand Solutions, and Corporate and Non-Operating. The Memorialization segment consists of bronze and ...
Matthews International (NASDAQ:MATW) on Wednesday announced a deal to sell its interest in SGK Brand Solutions for a total upfront consideration of $350 million. Shares of Matthews surged 15%.