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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 theTransporteron Nov 26, 2013 2:02pm
171 Views
Post# 21943034

RE:RE:RE:RE:RE:anyone been talking to Binh Vu?

RE:RE:RE:RE:RE:anyone been talking to Binh Vu?Let's get one thing clear here, a payout is deinfetely going to happen.  You can count on the fact that cash is coming.  The "if" is not of question here.  The question is the "when" and "how much".

Perhaps $50 million was based on 100% of clearwater assets being cancelled as at the time the offical notice from the government of Alberta has yet to been sent.  Now that it has been sent and it defines specifically the lots of land, and the fact that it's not 100% of their clearwater assets, they must go back and recalculated the claim they are going ot make for the affected portions.

But there is one common complaint here which I'm feeling with you guys here which is the lack of news.  GIVE US AN UPDATE!!!!
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