School Specialty Announces Exploration of Strategic Alternatives
SCHOOL SPECIALTY INC (SCOO)
NASDAQ:AMEX Investor Relations:
investors.schoolspecialty.com/news-releases
Company Research
Source: GlobeNewswire
GREENVILLE, Wis., Oct. 09, 2019 (GLOBE NEWSWIRE) -- School Specialty, Inc. (OTCQB: SCOO) (“School Specialty”, “SSI” or “the Company”), a leading provider of innovative products, learning materials and solutions that support integrated learning environments today announced that its Board of Directors, in conjunction with its legal and financial advisors, has commenced a formal process to explore and evaluate potential strategic alternatives focused on maximizing shareholder value. The Company has previously disclosed that it has been working with a financial advisor to address its capital structure and has expanded these efforts to include the review of a full range of strategic and financing alternatives, which may include a sale of the Company or other business combination. The Board will carefully evaluate and consider all potential options and will make a decision that reflects the best interest of all shareholders. Our entire team remains committed to serving our customers th
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