Managing Member, Askeladden Capital Management
Appears in 1 story
Activist who pushed for change before the sale
AstroNova's stock traded under $10 in early April, after years of weak returns and a public fight with an activist investor. On June 17, the Rhode Island maker of aircraft printers and industrial labeling machines agreed to sell itself to Arcline Investment Management for $29 a share in cash.
Updated Jun 18
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