- Horizon Global ( NYSE: HZN ) said Monday its board authorized a review of strategic alternatives , which may involve a sale of a portion or the entirety of the company.
- HZN said there can be no assurance that the review process will result in any deal or other alternative.
- "We received inbound interest in the company and, given this level of interest, the board made the decision to review strategic alternatives," said HZN board chair John Kennedy.
- There is no set timetable for the strategic review.
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Horizon Global announces review of strategic alternatives