Exela Technologies Board Authorizes Potential Spin-Off Of Wholly-Owned Subsidiary Exela Technologies BPA, LLC; Spin-Off Aims To Maximize Shareholder Value
All Exela Stockholders As Of Record Date In Q3 Or Q4 2024 To Receive Pro-Rata Share In New Holding Company Owning BPA Business While Continuing To Own Existing Exela Shares, Including 70% Ownership In Nasdaq-Listed XBP Europe Holdings, Inc.