Matthews to sell interest in SGK Brand Solutions

Matthews to sell interest in SGK Brand Solutions to SGS-created entity
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 created by affiliates of SGS,
Matthews International to sell SGK Brand Solutions for $350M (update)
Matthews International sells SGK Brand Solutions for $350 million, plans to use proceeds for debt repayment and retains stake in new entity.
Matthews International Shares Jump on Sale of Branding Agency
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 Wednesday. Shares, which have gained 42% over the last three months, are down 12% in the last 52 weeks.
Barington Capital Group Statement on Matthews International's Sale of SGK Brand Solutions
Barington Capital Group, L.P. ("Barington Capital") and certain of its affiliates (collectively "Barington" or "we"), a fundamental, value-oriented activist investor that beneficially owns approximately 1.
Matthews International Corporation: Matthews International to Sell SGK Brand Solutions
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 valu
Matthews International: The SGK Disposal Is Great News
The sale of SGK Brands Solutions is boosting Matthews International's stock price and reducing interest costs. Click here to find out why MATW stock is a Buy.
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Matthews International Files Definitive Proxy Statement and Sends Letter to Shareholders
Matthews has announced the sale of SGK Brand Solutions at a compelling valuation. This is a transformative and complex transaction that the Company has been pursuing long before Barington was even ...
Barington nominates Mitarotonda and two others as directors at Matthews, sources say
Activist investor Barington Capital Management nominated its founder, James Mitarotonda, and two other executives with public board experience as director candidates at casket maker Matthews ...
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Matthews International Responds to Barington Capital and Affirms Board and Management’s Focus on Driving Long-Term Value Creation
SGK recently reported its third consecutive ... As previously announced on our fourth quarter earnings call, Matthews has retained J.P. Morgan to support the evaluation of potential strategic ...
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Matthews International Corporation Class A
Matthews International Corp. engages in the ... It operates through the following segments: Memorialization, Industrial Technologies, SGK Brand Solutions, and Corporate and Non-Operating.
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Matthews International (MATW) Surges 14.5%: Is This an Indication of Further Gains?
Matthews International (MATW) shares rallied 14.5% in the last trading session to close at $31.03. This move can be attributable to notable volume with a higher number of shares being traded than in a ...