Exide Technologies Inc., an industrial battery maker, which has been struggling for years, has hired two restructuring firms to help in a company overhaul. Exide, based in Princeton, N.J, made the announcement on Nov. 8, saying it had hired Jay Alix & Associates as restructuring advisors and The Blackstone Group to help look at strategic alternatives. Exide stock closed up 90% the day following the announcement, to 74 cents, 94% off a 52-week high of $12.30, reached in May. At press time, the shares closed at $1.01.
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