Assertio Holdings Inc
NASDAQ:ASRT 4:00:00 PM EDT
Debt Financing / Related, Layoffs, Restructuring / Reorganization
Assertio Announces Restructuring Plan And Leadership Changes
Published: 12/15/2020 14:28 GMT
Assertio Holdings Inc (ASRT) - Assertio Announces Restructuring Plan and Leadership Changes.
Assertio Holdings Inc Says Restructuring Plan is Expected to Reduce Assertio's Total Annual Cost Base by Approximately $45.0 Million.
Assertio Holdings Inc Says Reductions Are in Addition to Previously Announced $40.0 Million in Synergies Associated With Zyla Merger.
Assertio Holdings - Restructuring Milestones Are Set to Begin in December 2020, With Majority Expected to Be Achieved by End of Q1 of 2021.
Assertio Holdings - to Recognize About $8.0 - $10.0 Million in Severance and Restructuring Charges in Q4 of 2020 and Throughout 2021 As Result of Plan.
Assertio Holdings Inc Says Restructuring Plan is Expected to Reduce Assertio's Total Annual Cost Base by Approximately $45.0 Million.
Assertio Holdings Inc Says Reductions Are in Addition to Previously Announced $40.0 Million in Synergies Associated With Zyla Merger.
Assertio Holdings - Restructuring Milestones Are Set to Begin in December 2020, With Majority Expected to Be Achieved by End of Q1 of 2021.
Assertio Holdings - to Recognize About $8.0 - $10.0 Million in Severance and Restructuring Charges in Q4 of 2020 and Throughout 2021 As Result of Plan.