Featherlite Announces Exploration of Strategic Alternatives
09 January 2006 - 9:00PM
Business Wire
Featherlite(R), Inc. (Nasdaq:FTHR), a leading U.S. trailer and
luxury coach manufacturer, announced today that its Board of
Directors has decided to explore strategic alternatives to enhance
shareholder value. The Company is working with Houlihan Lokey
Howard & Zukin, its financial advisor in the process. In making
the announcement, the Company stated that there can be no assurance
that the exploration of strategic alternatives will result in any
transaction. The Company does not intend to disclose developments
with respect to the exploration of strategic alternatives unless
and until its Board of Directors has approved a specific
transaction. About Featherlite With more that 75 percent of its
business in the leisure, recreation and entertainment categories,
Featherlite(R), Inc. has highly diversified product lines offering
hundreds of standard model and custom-designed aluminum specialty
trailers, specialized transporters, mobile marketing trailers and
luxury motorcoaches. For more information about the Company, please
visit www.fthr.com.
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