Keeley Funds Comments on Iron Mountain

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Aug 04, 2016

In the second quarter, document and information management company Iron Mountain (NYSE:IRM) continued its strong share price performance. At the beginning of the quarter it closed on the long-pending acquisition of rival Recall Holdings. The deal not only expands IRM's geographic presence and solidifies its competitive lead, it also improves the company's leverage ratios and dividend coverage.

From Keeley Funds' Keeley Mid Cap Dividend Value Fund second quarter 2016 commentary.