Shiloh Industries, Inc. (SHLO) Social Stream



Shiloh Industries, Inc. (SHLO): $0.38

0.32 (-45.68%)

POWR Rating

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Momentum

NR

Stability

NR

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Quality

NR

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Industry: Auto Parts

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Featured Post From StockTwits About SHLO

$SHLO
1. Despite the date of the article, it does give SHLO's case of a "stalking horse bid" a likely favorable outcome .. https://www.coleschotz.com/?t=40&an=37993&anc=326&format=xml

2. By what I have read about MiddleGround Capital, they are interested in "fundamentally strong businesses that align with our operational expertise" --- "We stand behind our bids"

https://middlegroundcapital.com/app/uploads/2020/08/MiddleGround-Tear-Sheet.pdf

3. Lastly this article gives certain hope of "good intentions" to see this deal through...

“Shiloh has a unique and attractive portfolio of innovative, lightweighting products and technologies that enable OEMs to reduce on-vehicle weight without compromising strength, safety or performance,” said John Stewart, Partner at MiddleGround. “Despite recent market conditions, we see tremendous value in Shiloh’s business and differentiated product solutions serving the automotive sector. We look forward to working with the Shiloh team in this new chapter for the Company.”

https://www.businesswire.com/news/home/20200830005020/en/Shiloh-Industries-Enters-Stock-Asset-Purchase-Agreement

Good luck to all !
dgonz800, published October 3, 2020

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