MEM reviewing business "operating efficiencies"; exploring "strategic alternatives".
This article was originally published in The Rose Sheet
Executive Summary
MEM CONDUCTING REVIEW OF BUSINESS "OPERATING EFFICIENCIES," the Northvale, NJ-based fragrance and toiletries manufacturer announced in a Feb. 24 release of operating results. MEM has also appointed a special committee of the Board of Directors to "explore strategic alternatives" for the firm, although there is "no assurance" that any "alternative will be implemented," the company said.