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Stock impact report

BARINGTON CAPITAL GROUP CALLS FOR CHANGES AT BILL HOLDINGS, INC. TO IMPROVE LONG-TERM SHAREHOLDER VALUE

Bill.com Holdings, Inc. (BILL) 
Last bill.com holdings, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: PR Newswire
Recommends the Company Implement a Comprehensive Cost Reduction Plan and Explore All Strategic Alternatives, Including a Potential Sale, Merger or other Business CombinationNEW YORK, Dec. 4, 2025 /PRNewswire/ -- Barington Capital Group, L.P., a shareholder of BILL Holdings, Inc. (NYSE: BILL) ("BILL" or the "Company"), announced today that it has sent a letter to Allie Kline, the Lead Independent Director of BILL, urging the Company to reduce operating costs and calling on the Board to explore all strategic alternatives in light of BILL's slowing fundamentals, inability to deliver operating profitability and prolonged share price underperformance.Barington believes BILL is well positioned in the growing B2B financial automation sector.  However, the Company's slowing monetization trends coupled with intensifying industry competition have caused the market to question whether the Company can remain a long-term, independent leader. Barington therefore urges the Board to ensure that manag Show less Read more
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