Brief: LGL Group Announces Exploration Of Potential Spin-Off Of MTronPTI Business

LGL

12/08/2021 13:12

Aug 12 (Reuters) - LGL Group Inc  LGL.A :
    * LGL GROUP INC - IF LGL PROCEEDS WITH SPIN-OFF, IT DOES NOT
EXPECT TO COMPLETE TRANSACTION EARLIER THAN END OF LAST QUARTER
OF 2021
    * LGL GROUP INC - TO EXPLORE A POTENTIAL SPIN-OFF OF ITS
MTRONPTI
BUSINESS INTO A NEWLY CREATED AND SEPARATELY TRADED PUBLIC
COMPANY

Source text for Eikon:  ID:nBw9vrQ1Ya 
Further company coverage:  LGL.A 

 ((Reuters.Briefs@thomsonreuters.com;))