LSB Industries to explore separating businesses, potential MLP LSB Industries disclosed in a regulatory filing that its board of directors established a Strategic Committee, composed of four members of the board, to assist the board in reviewing and evaluating potential strategic separations of the company’s Chemical Business and Climate Control Business and to review and evaluate the possibility of placing some or all of the company’s Chemical Business into a Master Limited Partnership structure. Shares of LSB are up 3% in afternoon trading following the disclosure.
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LSB Industries has 'huge upside,' Barron's says Activist involvement in LSB Industries and the board's exploration of strategic options could send shares higher, Barron's contends in its "Sizing Up Small Caps" column. Two new industry veteran board members could help drive shares higher before any strategic arrangement is made, the paper adds. Reference Link