Skip to main content

Featherlite Seeks Alternatives

The board is working with its adviser.
  • Author:
  • Publish date:

Featherlite (FTHR) said its board decided to explore strategic alternatives to enhance shareholder value.

The Cresco, Iowa, maker of trailer and luxury coaches said it is working with Houlihan Lokey Howard & Zukin, its financial adviser. Featherlite said there can be no assurance that any transaction will result.

Early Monday, Featherlite rose 32 cents to $4.46.

TheStreet Recommends