Activist hedge fund Pirate Capital’s relentless foot-stomping appears to have yielded some initial results. Today Brink’sâ€â€parent company of Brink’s Home Security and Brink’s Incorporated, the cash-handling businessâ€â€announced that it’s hired the consulting firm Monitor Group to “evaluate its strategic alternatives. Pirate (along with other major shareholders like MMI) have been after The Brink’s Company to consider selling off one of its divisions for more than a year.
As managing editor, Tess helps oversee editorial content and works on developing a rapport with industry leaders to report and write on industry news, concentrating on the fire and residential beats. She focuses on writing stories important to installers, integrators, manufacturers and distributors. Before joining Security Systems News in September 2010, Tess was a newspaper reporter in Maine for more than two decades. Most of that time, she worked for The Portland Press Herald/Maine Sunday Telegram, and also was an occasional stringer for The New York Times. Tess has a master’s degree in journalism from Columbia University and a master’s in linguistics from the University of Michigan. She lives in Maine with her husband and a demanding cat.