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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

Post by TlT0on Mar 31, 2013 10:19pm
200 Views
Post# 21190336

The Clowns’ Presumptuous and Costly Plans

The Clowns’ Presumptuous and Costly Plans

As disclosed in a press release on June 22, 2012, they have put themselves in a management role by engaging an investment banking firm to seek out “numerous domestic and international opportunities” for AOS.
 
The dissidents’ hidden agenda has finally been revealed – namely to hijack AOS’ strong balance sheet for their own purposes. If in fact they actually have ‘accretive deals waiting’, as they claim, shareholders should ask: Why haven’t they brought these transactions to the attention of AOS’ board? Plainly they must control AOS in order to use the company’s cash reserves to fund activities that would not be in the interest of all shareholders.
 
These clowns spend money like drunken sailors.

 
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