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BARINGTON CAPITAL GROUP CALLS FOR TRIMAS TO CONSIDER A RANGE OF STRATEGIC ALTERNATIVES TO ADDRESS IT LONG-TERM SHARE PRICE UNDERPERFORMANCE
EMLThe Eastern pany(EML) Prnewswire·2024-07-29 15:55

Believes TriMas' Multi-Segment Structure has Done Little to Benefit Stockholders NEW YORK, July 29, 2024 /PRNewswire/ -- Barington Capital Group, L.P. and its affiliates, including The Eastern Company (NasdaqGM: EML) ("Barington" or "we"), which collectively own approximately 1.5% of TriMas Corporation (NasdaqGS: TRS) ("TriMas" or the "Company"), announced today that it has sent a letter to the Chairman of the Board of TriMas, Herbert K. Parker, recommending the Company consider a range of alternatives to i ...