Shares of W. R. Grace & Co. (GRA) reached a 52-week high of $65.17 Thursday morning, and are currently trading at $64.10, up $1.18 or 1.87%, with trading volume of over 177K versus an average volume of 451K shares.
W. R. Grace and 40 North Management LLC announced that they have agreed to extend the nomination deadline for 40 North to submit director candidates for election to Grace's Board of Directors at its 2021 Annual Meeting of Shareholders from April 15, 2021 until April 26, 2021.
Grace and 40 North are in ongoing discussions regarding a potential transaction. There can be no assurance that a transaction will result and the parties have agreed not to comment further before April 26, 2021.
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