Berry Global Group (BERY) has released an update to notify the public and investors about a regulation fd disclosure.
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On February 7, 2024, Berry and Glatfelter announced definitive agreements for a Reverse Morris Trust transaction, sharing the news via press releases and an investor call. While the transaction promises strategic benefits, it is subject to shareholder and regulatory approvals, and carries forward-looking risks detailed in various SEC filings. The combined entity, led by Berry’s Curt Begle as CEO, will focus on future operations and performance, yet investors are advised to consider potential factors that could affect the anticipated outcomes.
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For a comprehensive understanding of the announcement, you can read the full document here.