10:07 AM EST, 12/04/2025 (MT Newswires) -- BILL (BILL) shareholder Barington Capital said Thursday it has sent a letter calling on the company to reduce operating costs and explore strategic alternatives, including a potential sale or business combination.

Barington cited BILL's "slowing monetization trends," increasing industry competition, and "prolonged" share price underperformance in urging the board to engage a financial advisor and form a special committee to conduct a review of its options.

Barington said it addressed the letter to Allie Kline, BILL's lead independent director.

BILL did not immediately respond to MT Newswires' request for comment.

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