Relational Investors Boosts Stake in Timken; Pushes Spin-off
November 29, 2012 - 11:08am
Relational Investors, a value oriented investment management firm headed by Ralph Whitworth and David Batchelder, is pushing The Timken Company (NYSE:TKR) to spin-off its business into two separate publicly traded companies after acquiring a 5.73 percent stake in the company.The post Relational Investors Boosts Stake in Timken; Pushes Spin-off appeared first on ValueWalk.
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