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Ironwood sees FY26 revenue $450M-$475M, consensus $319.47M
Yahoo Finance· 2026-01-03 12:20
Sees FY26 adjusted EBITDA greater than $300M. “In 2026, we remain focused on our core priorities of maximizing LINZESS, advancing apraglutide and delivering sustained profits and cash flows. We believe our full-year 2026 guidance demonstrates the significant progress we’ve made to deliver on these priorities to help drive value for shareholders moving forward. Effective January 1, 2026, the LINZESS list price has been lowered in response to evolving health care dynamics and to support ongoing patient acces ...
Atkore Expands Scope of Strategic Alternatives Review to Maximize Shareholder Value
Businesswire· 2025-11-20 11:00
Core Viewpoint - Atkore Inc. is expanding its strategic alternatives review to include assets beyond its core electrical infrastructure portfolio, considering options such as a potential sale or merger of the entire company to maximize shareholder value [1][2]. Strategic Review Process - The Board of Directors has authorized Citi and J.P. Morgan Securities LLC to assist in the expanded strategic review process [2]. - There is no definitive timetable for the completion of the strategic alternatives review, and the company does not intend to make further public comments until necessary [3]. Board of Directors Update - Atkore will appoint Franklin Edmonds to its Board of Directors as part of a cooperation agreement with Irenic Capital Management, expanding the Board to ten directors, with nine being independent [4][5]. - A Strategic Review Committee will be formed to oversee the evaluation of strategic alternatives, with Bruce Taten serving as a Special Advisor [4]. Management's Commitment - The CEO, Bill Waltz, will remain in his position through the conclusion of the strategic review, emphasizing the commitment to strengthen the business and improve the cost structure [2][4]. Irenic Capital Management's Role - Irenic Capital Management expresses confidence in Atkore's potential to unlock significant value and supports the Board's collaborative approach to value creation [6]. Advisory Team - Citi is the lead financial advisor, with J.P. Morgan Securities LLC also serving as a financial advisor, while Debevoise & Plimpton LLP provides legal advice [7].