TriMas Finalizes Spin-off of Cequent Businesses

TriMas Corp. announced that it has completed the tax-free spin-off of its Cequent businesses to TriMas shareholders as a newly formed company named Horizon Global Corporation. Horizon Global begins trading as an independent public company tomorrow on the New York Stock Exchange under the symbol “HZN.” “We believe the spin-off will offer exceptional opportunity to […]