TriMas Engages PJT Partners, Bank of America for Review of Options

MT Newswires Live

2025/02/10

TriMas (TRS) said Monday it has engaged PJT Partners (PJT) and Bank of America (BAC) as financial advisors as part of efforts to evaluate additional options following the sale of its Arrow Engine business.

TriMas said the review of its priorities to optimize its business portfolio may not lead to any specific actions.

Shares of the company were up 2% in recent Monday premarket activity.

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