2023-04-10 15:02:11 ET
- Celestica ( NYSE: CLS ) ticked up 2.2% on speculation that an activist investor may be targeting the electronics manufacturing services firm.
- Activist investor Engaged Capital, run by Glenn Welling may be eyeing the company, according to TheDeal.com, which cited people familiar.
- The potential activist push at Celestica ( CLS ) comes after activist Engaged Capital targeted Benchmark Electronics ( BHE ), a competitor to Celestica, in 2019 and reached an agreement with the company.
- Celestica ( CLS ) is scheduled to report Q1 results on April 27.
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Celestica ticks higher on activist speculation