Matson starts trading as separate public company

Monday, July 02, 2012

Matson, Inc. said its stock began trading on the New York Stock Exchange today under the ticker symbol MATX, following the separation of Alexander & Baldwin Holdings, Inc. into two companies. Matson will carry on its shipping and logistics operations, while Alexander & Baldwin has taken over the company's agriculture and real estate businesses. “With our board and executive team focused entirely on transportation, we are confident that Matson is well positioned...

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