Source: Business Insider/Andy Blatchford/Business Insider article In April, the company reported it had sold the $1.6 million stake it had acquired in a $15 million leveraged buyout of the company in 2012.
It is now worth $3.4 million, according to The Wall Street Journal.
The company has not disclosed the value of the stock.
Read more: https://www.businessinsider.com/oak-trim-moulding-is-not-worth-the-money-20170424Talks between Oaktrim and CEO James Fincher broke down over the last two weeks, with the CEO telling shareholders to get rid of the Oaktramp board and board member James Fischler.