Strategic Update from Chuck Neumann
As we begin our new fiscal year (FY2019), I know that many of you are anxious to hear some definitive information regarding the ongoing negotiations with BlueMountain Capital Management for the sale of the divesting operations. While the process is taking a bit longer than we originally planned, it continues to move forward in a positive and productive manner.
Over the past few weeks, you may have noticed additional activity, discussions and visits with many leaders at multiple facilities as BlueMountain and their partners continued their analysis of the divesting operations. This process will continue until at least mid-August. Additionally, BlueMountain has continued their conversations with leadership at the University of Louisville to ensure that this important partnership remains viable into the future ...