Advisory Research Sends Letter to Miller Industries’ Board of Directors Regarding Opportunities to Enhance Shareholder Value
Miller Industries, Inc. (MLR)
US:NYSE Investor Relations:
millerind.com/investor-relations
Company Research
Source: Business Wire
Calls on the Board to Initiate a Review Process that Involves Comparing a Credible, Long-Term Plan to Strategic Alternatives, Including a Sale of the BusinessHighlights Operational and Strategic Issues Contributing to Miller’s Lagging Operating Margins and ValuationSees Opportunity for Miller to Deliver Substantially More Value for Shareholders by Implementing a Margin Improvement Plan or Selling to a Well-Capitalized Strategic Buyer CHICAGO--(BUSINESS WIRE)--Advisory Research, Inc., which owns approximately 3.25% of Miller Industries’ (NYSE: MLR) (“Miller” or the “Company”) outstanding shares, today sent the below letter to the Company’s Board of Directors (the “Board”).***March 21, 2024Miller Industries8503 Hilltop Drive, Suite 100Ooltewah, TN 37363Attn: The Board of Directors (the “Board”)Members of the Board,Advisory Research, Inc. (together with its affiliates, “Advisory Research” or “we”) is a long-term, top shareholder of Miller Industries (NYSE: MLR) (“Miller” or the “Compa
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- Miller Industries announces $25M share repurchase program [Seeking Alpha]Seeking Alpha
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MLR
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEF
- 4/2/24 - Form 8-K
- MLR's page on the SEC website