Star Equity, an investment fund that has previously criticized Servotronics' performance and leadership, said the Elma-based ...
"The board will evaluate all options which may include investments of capital, sale of the company, or continuing on our ...
Star Equity Fund comments on Servotronics (SVT)’ recent announcement that its Board of Directors has commenced a review of strategic ...
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Star Equity Fund Has Repeatedly Called on Company to Explore Strategic Alternatives Since 2022 OLD GREENWICH, Conn., March 25, 2025 (GLOBE ...
Servotronics' Q4 revenues fall 20.8%, but annual revenues rise 3%. The company plans to improve its supply chain and expects ...
ELMA, N.Y., March 17, 2025 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT), a designer and manufacturer of servo-control components and other advanced technology products, today ...
Star Equity Fund, which owns a 5.4% stake in Servotronics (SVT), said that the commencement of a strategic review is a good initial step, and it will continue to monitor the situation at the company.
Servotronics' board has launched a review of strategic alternatives, which Chairman Christopher Marks said may include investments of capital or a sale of the company.
Servotronis has appointed Houlihan Lokey as its lead financial advisor and Bond, Schoeneck & King PLLC as its legal counsel in connection with its review of strategic alternatives.
Star Equity Fund, which owns a 5.4% stake in Servotronics (NYSE:SVT), said that the commencement of a strategic review is a good initial step, and it will continue to monitor the situation at the ...