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Carbon-fiber maker Zoltek (ZOLT +4.2%) trades higher today after confirming that it's launched a...

Carbon-fiber maker Zoltek (ZOLT +4.2%) trades higher today after confirming that it's launched a process to evaluate strategic alternatives and has engaged JPMorgan as a financial adviser. The move comes in response to pressure from Quintaro Partners, its largest shareholder, who has been pressuring ZOLT's board for changes. Last month, Quintaro requested a special shareholders meeting to discuss the matter, but was rebuffed by the board.
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