Jul. 15 at 3:03 AM
$MERC Atlas FRM ownership is notable given historical take-private strategy as more PE focused. Interesting that IAT/Kellogg hasn't purchased for couple of years pursuant to buying stock at double digits. Also interesting that insiders were buying last year at over
$6.
$100M of cost savings by end of 2026, downtime maintenance challenges recent results but 18 month cycle on those major planned maintenance projects. Good setup and paid to wait.
