Rentech +6% as hedge fund calls for spinoff of wood fiber business


Rentech (RTK +6.1%) shareholder Dolphin Limited Partnership calls on RTK to spin off its wood fiber processing business and establish a strategic alternatives process to maximize value for RTK's 59.8% interest in Rentech Nitrogen Partners (RNF +2.9%).

Dolphin says a successful process that drives RNF to ~$30/unit would generate a near 50% increase in RTK's current share price.

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Comments (1)
  • johngrft
    , contributor
    Comment (1) | Send Message
     
    Why would RTK management desire to phrobish or upset their gravy train, which has been in exsistance the past 34 years. Phrobish the shareholders.
    26 Jun 2014, 08:45 PM Reply Like
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