Conducting Negotiations in Modern Boardroom

SEEKING ALPHA reports:

Atlas Corp. (NYSE:ATCO) +7.1% pre-market Friday after the company and the consortium led by Poseidon Acquisition Corp. said the two sides have made “meaningful progress” in negotiating a potential transaction at $15.50/share.

Atlas (ATCO) cautions that no agreement has been reached, and it will make no further comments on the matter unless and until a definitive agreement is executed.

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The full release is here: “Atlas Corp Provides Update On Special Committee Discussions With Poseidon Acquisition Corp“.

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