Reinhold Industries Announces Engagement of TM Capital to Explore Strategic Alternatives
February 28 2006 - 2:02PM
PR Newswire (US)
SANTA FE SPRINGS, Calif., Feb. 28 /PRNewswire-FirstCall/ --
Reinhold Industries, Inc. (NASDAQ:RNHDA) of Santa Fe Springs,
California announced that it has engaged TM Capital Corp. to
explore strategic alternatives for the enhancement of shareholder
value, including a possible sale of the Company. The Company cannot
give assurance that it will consummate a sale or other strategic
alternative. The Company does not expect to update its progress or
disclose developments with respect to the exploration of strategic
alternatives unless and until the Company's Board of Directors has
approved a definitive transaction. Reinhold Industries, Inc. is a
manufacturer of advanced custom composite components and sheet
molding compounds for a variety of applications in the United
States and Europe. SPECIAL NOTE REGARDING FORWARD-LOOKING
STATEMENTS To the extent the Company makes certain "forward-looking
statements" in this press release, such as statements about future
plans, goals and other events which have not yet occurred, such
statements are intended to qualify for the safe harbors from
liability provided by the Private Securities Litigation Reform Act
of 1995. Forward-looking statements can generally be identified
because they include words such as the Company "believes,"
"anticipates," "expects" or words of similar import. These
forward-looking statements involve risks and uncertainties and the
actual results could differ materially from those discussed in the
forward-looking statements. These risks and uncertainties include,
without limitation, risks associated with levels of U.S. and
foreign military spending and the financial condition of the
airline industry. You should consider these risks and factors and
the impact they may have when you evaluate these forward-looking
statements. These statements are based only on the Company's
knowledge and expectations on the date of this press release. The
Company disclaims any duty to update these statements or other
information in this press release based on future events or
circumstances. DATASOURCE: Reinhold Industries, Inc. CONTACT: Wanda
Morrison, +1-562-944-3281, for Reinhold Industries, Inc.
Copyright
Reinhold (NASDAQ:RNHDA)
Historical Stock Chart
From Jul 2024 to Aug 2024
Reinhold (NASDAQ:RNHDA)
Historical Stock Chart
From Aug 2023 to Aug 2024