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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

Comment by naeden99on Sep 18, 2013 4:14pm
350 Views
Post# 21749576

RE:Mineral Rights Compensation Regulation, Alta Reg 317/2003

RE:Mineral Rights Compensation Regulation, Alta Reg 317/2003 There is no compensation written into the law for getting more than they spent.    

That said, its pretty clear cut that they will be compensated for what they have spent, plus interest.  However, some of the $51 mm is share-based compensation, G&A, and warrant value.  I assume that the government will not pay for those expenses.    Excluding those costs, I get ~$46 mm of spending, which equates to $56 mm with interest (at 5%).





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