The LGL Group, Inc. announced that its Board of Directors has approved a spin-off of the MTron/PTI subsidiary. The Company had previously announced its exploration of this potential spin-off transaction and will now proceed with the spin-off, which will be submitted to a shareholder vote for approval. The company further announced the resignation of Robert Rob LaPenta Jr. from LGL's board of directors and that of its subsidiary, MTron/PTI, effective September 27, 2021.
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08/05 | M-tron Industries, Inc. Provides Financial Guidance for the Year 2024 | CI |
08/05 | Transcript : M-tron Industries, Inc. - Analyst/Investor Day |
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+37.11% | 80.81B | |
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+9.96% | 37.46B | |
-10.22% | 13.63B | |
+31.44% | 11.81B | |
+2.32% | 11.1B | |
+64.53% | 10.94B | |
-4.28% | 10.9B |
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- The LGL Group, Inc. and MtronPTI, Inc. Announces Resignation of Robert LaPenta Jr. from their Board of Directors