United-Guardian board launches strategic review; possible sale or partnership.

UNITED GUARDIAN INC

Board formally reviews strategic alternatives including joint ventures, partnerships, or sale of the company.
Capstone Partners retained as financial advisor; Brownstein Hyatt Farber Schreck as legal advisor.
No timetable set; no assurance that any transaction will result from the review.
President Ken Globus cites need to maximize shareholder value and capitalize on growth opportunities.

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