Actionable Opportunities in Special Situations: Spinoffs, Bankruptcy, Restructurings


TriMas $TRS completes spinoff of Cequent under $HZN

TriMas Corporation (TRS) announced that it has completed the tax-free spin-off of its Cequent businesses to TriMas shareholders as a newly formed company named Horizon Global Corporation. Horizon Global begins trading as an independent public company tomorrow on the New York Stock Exchange under the symbol “HZN.” Source

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