MRC Global, which has been a target of activist investor Engine Capital, is exploring a sale, according to Bloomberg’s Crystal Tse, Kiel Porter and Ryan Gould, citing people familiar with the matter. The pipe and fittings distribution company is working with financial advisers to seek interest from potential buyers, said the report. Shares of MRC are up 80c, or 8%, to $10.45 following Bloomberg’s report.
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