griffon corp gff announced monday that it has started a review of strategic alternatives to maximize shareholder value which could include a sale of the company a divestiture or a recapitalization shares of the diversified management and holding company are currently halted for news chief executive ronald kramer said the review comes on the belief that there is a profound disconnect between griffons underlying value of its businesses and the stock price given this disconnect the board and management believe it is necessary to consider a review of alternatives with a focus on maximizing nearterm shareholder value creation kramer said our top priority is unlocking the true intrinsic value of griffon for our shareholders the company said there is no timeline for the review and there is no assurance that it will result in any transaction the stock has lost 98 over the past 12 months while the sp 500 spx has slipped 41