A.T. Cross (ATX) To Explore Strategic Alternatives for its Cross Accessory Division

February 4, 2013 4:01 PM EST
Get Alerts ATX Hot Sheet
Trade ATX Now!
Join SI Premium – FREE
A.T. Cross Company (Nasdaq: ATX) announced today that it is exploring strategic alternatives for its Cross Accessory Division.

The Cross Accessory Division is a market leading provider of Cross fine writing instruments and related products. Founded in 1846, the Cross brand is a favorite of successful professionals and corporations and is recognized globally for style, innovation, craftsmanship and quality.

Commenting on the decision, David G. Whalen, President and Chief Executive Officer of A.T. Cross said, "We constantly look for ways to build shareholder value. At this point in our history, we think it is important to fully understand the different ways that the Cross brand can help us achieve that goal."

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Mergers and Acquisitions

Add Your Comment