A. Schulman continues to review options, including possible sale

By Lisa Kerner

Charlotte, N.C., Oct. 21 - A. Schulman, Inc.'s special committee will continue to pursue strategic alternatives after rejecting a tentative offer to buy the company made during the summer.

Chairman, president and chief executive officer Joseph M. Gingo said the board of directors "left the door open for an improved offer," which the potential buyer declined to make.

Alternatives to be considered include a possible sale or merger of A. Schulman, potential acquisitions by the company and continued execution of its strategic plan, an A. Schulman news release said.

A. Schulman is an Akron, Ohio, plastic resins and plastic compound manufacturer.

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