Investor Woos Alltrista Back to the Table: Plastics Company Weighs Alternatives as Marlin Bids for a Second Time

In a move that signals its mounting frustration, a disgruntled shareholder group has sweetened its tone towards Alltrista Corp. in an effort to gain access to its books and ultimately make another bid for the company. In letter included in a July 28 13D filing, Marlin Capital Partner LLP Managing Director Martin Franklin told Alltrista CEO Thomas Clark that the investment group would be willing to proceed with a due diligence review of Alltristra on a “non-exclusive basis.”