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Stock impact report

Berry Global Statement on Canyon Capital Letter

Berry Global Group, Inc. (BERY) 
Last berry global group, inc. earnings: 5/1 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.berryglobal.com
Company Research Source: Business Wire
EVANSVILLE, Ind.--(BUSINESS WIRE)--Berry Global Group, Inc. (NYSE: BERY) today provided the following statement in response to a letter published by Canyon Capital Advisors LLC on February 23, 2020.“Berry Global regularly engages with shareholders, including Canyon Capital, and values their constructive input. We remain focused on three key strategic initiatives – generate sustainable profitable organic growth, integrate the RPC Group Plc business with an intense focus on cost synergy realization, and continue to de-lever and further enhance our balance sheet. Our Board and management team regularly review our operational portfolio and capital allocation to ensure that we are best positioned to drive shareholder value, including through divestitures, in order to maintain our strong balance sheet and proven track record of free cash flow growth.We also remain deeply focused on sustainability, and effectively communicating that commitment to our investors and other stakeholders, and Show less Read more
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