Ancora Sends Letter to the Board of Directors of Berry Global (BERY) Regarding Opportunities for Enhanced Value Creation

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Ancora Sends Letter to the Board of Directors of Berry Global Regarding Opportunities for Enhanced Value Creation

November 29, 2021 6:30 AM EST

Believes Board Should Immediately Commit to Running a Comprehensive Review of Strategic Alternatives Following Several Years of Share Price Underperformance

Highlights That the Company Perpetually Trades at a Significant Discount to Peers, Despite Healthy Revenue and Earnings Growth

Outlines Opportunities for Returning Meaningful Capital to Shareholders Through an Upsized Share Repurchase Program and Sale-Leaseback Transaction

Sees Opportunity to Obtain $100 Per Share or More in Value Via a Sale to One of the Many Well-Capitalized Financial Sponsors and Strategic... More