James Gidwitz became the CEO of Continental Materials Corporation (NYSEMKT:CUO) in 1983. First, this article will...
CHICAGO, March 23, 2020 -- Continental Materials Corporation (NYSE American; CUO) today reported a net loss of $13,899,000, or $8.12 per share, for the 2019 fiscal year on.
As an investor its worth striving to ensure your overall portfolio beats the market average. But if you try your hand...
Continental Materials Corporation (NYSEMKT:CUO) is a company with exceptional fundamental characteristics. Upon...
Bee Street Holdings Extends Cash Tender Offer to Purchase All Outstanding Common Stock of Continental Materials Corporation (CUO).
Bee Street Waives Certain Conditions of Tender Offer for Common Stock of Continental Materials Corporation & Announces Term Sheet
Bee Street Waives Financing Condition & Minimum Tender Condition of Cash Tender Offer to Purchase All Outstanding Common Stock of CUO
Bee Street Holdings successfully completes tender offer to purchase all outstanding shares of common stock of CUO.
Continental Materials Corporation (NYSE American: CUO) ("CMC"), today confirmed that Bee Street Holdings LLC, an entity controlled by James G. Gidwitz, the Chairman of our board of directors and our Chief Executive Officer, and by other members of the Gidwitz family ("Bee Street"), has commenced an unsolicited tender offer to acquire all of the outstanding shares of CMC common stock for $9.50 per share in cash. Based on the Offer to Purchase attached to the joint Schedule TO/13E-3 filed by Bee Street with the SEC in connection with such offer, Bee Street currently owns approximately 61% of the outstanding common stock of CMC. CMC’s board of directors will carefully review and evaluate Bee Street’s tender offer.
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Continental Materials Corporation (NYSE American: CUO, the “Company”), a diversified light manufacturing company operating primarily in two industry groups, Heating, Ventilation and Air Conditioning (HVAC) and Construction Products, announced today its intention to voluntarily delist from the NYSE American Stock Exchange (the “Exchange”) and to deregister its Common Stock under Section 12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and suspend its SEC reporting obligations under Section 15(d) of the Exchange Act. On April 20, 2020, the Company notified the Exchange of its intent to voluntarily delist its Common Stock from the Exchange.
Bee Street Holdings Waives Certain Conditions of Tender Offer to Purchase All Outstanding Common Stock of Continental Materials Corporation (CUO)
Continental Materials Corporation (“CMC”) (NYSE American: CUO), today announces the acquisition of InOvate Dryer Products (“InOvate”), based in Jupiter, Florida. Founded by Rick Harpenau in 1996, and led by tenured employees James Ortiz and Cliff Budnick, InOvate has grown consistently through supplying quality engineered, superior products along with delivering excellent customer service. “The acquisition of InOvate strengthens our position in the building products industry and brings a range of market leading products to the CMC portfolio,” opined Ryan Sullivan, Chief Operating Officer of CMC.
The big shareholder groups in Continental Materials Corporation (NYSEMKT:CUO) have power over the company...
Anyone researching Continental Materials Corporation (NYSEMKT:CUO) might want to consider the historical volatility of...
CHICAGO, Aug. 13, 2019 -- Continental Materials Corporation (NYSE American; CUO) today reported a net loss of $4,836,000, or $2.82 per share for the second quarter ended June.
CHICAGO, Nov. 12, 2019 -- Continental Materials Corporation (NYSE American; CUO) today reported a net loss of $20,284,000, or $11.85 per share for the third quarter ended.
Bee Street Extends Cash Tender Offer to Purchase All Outstanding Common Stock of Continental Materials Corporation (CUO)
Bee Street Announces Final Results of Tender Offer for Continental Materials Corporation (CUO)
Continental Materials Corporation (NYSE American: CUO, the “Company”), a diversified light manufacturing company operating primarily in two industry groups, Heating, Ventilation and Air Conditioning (HVAC) and Construction Products, announces that, on May 1, 2020, the Company filed with the Securities and Exchange Commission (the “SEC”) a Form 25 Notification of Removal from Listing in connection with its previously announced plan to voluntarily delist its Common Stock, $0.25 par value per share (the “Common Stock”), from the NYSE American Stock Exchange (the “Exchange”). The Company expects the delisting to be effective May 11, 2020, at which time the Common Stock will no longer be traded on the Exchange.