A O Smith Corp V.AOS

Primary Symbol: AOS

Building Materials Building Materials

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.

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A O Smith Corp > Prolonged halt?

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Post by quicksilver545on Aug 13, 2016 12:24pm

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Post# 25138908

Prolonged halt?

Geez I really know how to pick 'em.. I was also holding PFC when it was halted for almost 2 months. I wonder what the hold up is...

My guess would be that they did not approach Smoothwater Capital prior to brokering a deal, and now they are presenting the deal to them. Perhaps they are not happy, and thus they are still ironing out the details.

That's pure speculation, but it does seem strange to halt pending a news release, and then not have a news release..

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