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A O Smith Corp V.AOS


Primary Symbol: AOS

A. O. Smith Corporation applies technologies and solutions to products manufactured and marketed worldwide. The Company operates through two segments: North America and Rest of World. Both the segments manufacture and market a comprehensive line of residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products. Its Rest of World segment is primarily comprised of China, Europe, and India. The North America segment serves residential and commercial end markets with a range of products, including water heaters, boilers, water treatment products, and other. The Company also manufactures expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, related products and parts. Its Lochinvar brand is a residential and commercial boiler brand in the United States. Its water softener branded products and problem well water solutions include the Hague, Impact Water, Water-Right, Master Water, Atlantic Filter and Water Tec brands.


NYSE:AOS - Post by User

Bullboard Posts
Comment by JLaGourgueon Dec 23, 2010 1:26pm
334 Views
Post# 17889095

RE: RE: RE: RE: Question about PP

RE: RE: RE: RE: Question about PPSomebody close to the company had a tax problem, and also would be a big fan of the company looking for a bigger share position. So the investor writes a check, gets a great tax break for 2010, and furthers their position in AOS. The company (which can always use exploration $) gets a few hundred thousand for exploration at 15-20% above current share price. Win-win.
Typically, the company won't have to attach warrants as the tax break is the extra incentive for an investor to buy with a 4 month hold.
Bullboard Posts