Jason Industries Announces Sale of Metalex
JASON INDUSTRIES (JASN)
Last jason industries earnings: 5/2 08:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
investors.jasoninc.com
Company Research
Source: Business Wire
MILWAUKEE--(BUSINESS WIRE)--Jason Industries, Inc. (NASDAQ:JASN, JASNW) (the "Company" or "Jason Industries") announced the successful completion of the sale of its Metalex business within the Engineered Components segment to UPG LLC (“UPG”) for approximately $5 million cash and assumption of certain liabilities, effective today.“The divestiture of Metalex further simplifies our portfolio to the remaining Osborn and Milsco businesses, Jason’s two pillars due to their market leadership, diverse sources of revenue and scalability,” said Brian Kobylinski, chairman and chief executive officer of Jason. “We thank our Metalex employees for their hard work and wish them continued success as part of the UPG organization.”The Metalex business being sold contributed approximately $39 million to Jason’s trailing twelve-month sales ending September 27, 2019. The Metalex operations in the United States and Mexico will be organized as a new subsidiary of UPG, and the approximately 200 employees
Show less
Read more
Impact Snapshot
Event Time:
JASN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JASN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JASN alerts
High impacting JASON INDUSTRIES news events
Weekly update
A roundup of the hottest topics