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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 quicksilver545on Aug 17, 2016 12:07pm
219 Views
Post# 25150352

RE:RE:RE:RE:RE:Why So Quiet?

RE:RE:RE:RE:RE:Why So Quiet?Yep, this is what i think happened:

Mr Vu and board made a deal (or at least a theoretical deal) with MQL, and this would normally be reported shortly after a halt. However, due to Smoothwater Capital and Bruce Mitchell's huge positions, they were obliged to present this deal to these shareholders first and seek approval. 

It is my thinking that Smoothwater and Mr Mitchell have rejected the proposal, and thus it makes no sense to release any news att this time. Perhaps the deal, as it stands now, is not better than distributing the cash reserves. Thus, ammendments are being negotiated to maximize AOS shareholder value. Until an arrangement can be reached, nothing will happen...

ANyways, pure speculation on my part. Way too long to be halted without something strange going on behind hte scenes, though...
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