Matthews International Corporation (NASDAQ GSM: MATW) today announced receipt of $28 million of proceeds for the partial redemption of its preferred equity interest in Propelis.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.