Axalta Investor Urges Company to Restructure $17 Billion Merger With AkzoNobel

Core Viewpoint - Atlanta-based Shapiro Capital Management is the second shareholder in the U.S. company to voice opposition to the deal set to create a paint giant [1] Company Summary - Shapiro Capital Management, based in Atlanta, has expressed opposition to a significant deal in the paint industry [1] - This opposition indicates potential challenges for the deal aimed at forming a larger entity in the paint sector [1] Industry Summary - The deal in question is intended to create a major player in the paint industry, highlighting ongoing consolidation trends within the sector [1] - The dissent from shareholders like Shapiro Capital Management may impact the future dynamics and negotiations surrounding the deal [1]