Irenic Encourages Barnes Group to Move with Greater Urgency to Collaborate on Necessary Board Improvements
Barnes Barnes (US:B) Businesswire·2024-02-16 19:30

NEW YORK--(BUSINESS WIRE)--Irenic Capital Management LP (together with its affiliates, “Irenic” or “we”), a top shareholder of Barnes Group Inc. (NYSE: B) (“Barnes” or the “Company”) and the beneficial owner of approximately 5.1% of the Company’s outstanding common stock, today issued the following statement from Co-Founder and Chief Investment Officer Adam Katz: “ We are committed to working constructively and in good faith to help Barnes realize its potential. Today's underwhelming results for the fourth ...

Irenic Encourages Barnes Group to Move with Greater Urgency to Collaborate on Necessary Board Improvements - Reportify