BUZZ-Middleby's board considers strategic options, share up
ReutersJan 27, 2025 4:43 PM
Food processing equipment maker Middleby's shares MIDD.O up ~3% at $174.55
Co says it is considering a broad range of strategic options including a potential separation of either or both of its food processing and residential kitchen business units
Company says strategic review is in advanced stages and expects to reach a conclusion within the next few months
Including session's move, shares up ~30% YTD
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