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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 5.810-1.0%3:59 PM EST

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To: richardred who wrote (1853)10/22/2007 12:40:38 PM
From: richardred  Read Replies (1) of 7251
 
A. Schulman shareholder urges company to explore options
Mon Oct 22, 2007 11:08am EDT


Oct 22 (Reuters) - Ramius Capital Group LLC, a shareholder of chemical maker A. Schulman Inc (SHLM.O: Quote, Profile, Research), urged the company's management to explore strategic options, including a sale.

Ramius, which holds a 7.6 percent stake in the company, said in a letter that the company has not made adequate progress on improving its profit. (Reporting by Supantha Mukherjee in Bangalore)
reuters.com
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