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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 checkingfacts66on May 02, 2014 12:00pm
343 Views
Post# 22517864

RE:RE:RE:No inside trading movement

RE:RE:RE:No inside trading movementThe $56 million dollar claim is for the costs created by the first or old board.  The board that was replaced for over spending.  And the claim involves a lot of costs for things that I expect the Government will say is a cost you would have had regardless of whether or not we revoked these leases.  I keep seeing posts talking about $56 million like that is a justifiable number.  If we had a revolt to replace the old board for over spending, how can we expect the government will accept the expenses created by that old board?  I think we have some real concerns here about what will be approved.  I don't think we can count on that number.
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