Shares of Integer (ITGR) Holdings are up 8% to $80.31 in morning trading after The Wall Street Journal’s Lauren Thomas reported, citing sources, that activist investor Irenic Capital Management has built a stake of more than 3% and is urging the medical-device outsourcing company to refresh its board and consider a sale. Irenic, now one of Integer’s biggest shareholders, delivered a letter privately to Integer’s board earlier this week detailing its requests, the report said.
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