GFF - Griffon expects to provide update on sale or merger in November
- Griffon ( NYSE: GFF ) said it expects to provide an update on the strategic alternatives process by the end of November together with the release of its fourth quarter financial results.
- In May , the company had said it is reviewing strategic alternatives to maximize shareholder value including a sale, merger, divestiture, recapitalization or other strategic transaction.
- There is no assurance that the process will result in any transaction being entered into or consummated, the company said.
- Goldman Sachs & Co is the financial advisor and Dechert is legal counsel to assist in the review process.
- ( GFF ) is up 1.5% after market closed.
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Griffon expects to provide update on sale or merger in November