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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 schocoron Nov 16, 2016 5:40pm
108 Views
Post# 25471790

RE:The Alberta Court of Appeal decision

RE:The Alberta Court of Appeal decisionI read the decision and it basically to me boils down to this: SHAREHOLDERS elect directors and DIRECTORS are then allowed to decide the path of the company no fouls can be called on directors. I have to generally agree with this. The issue here is that there has not been an annual general meeting to elect directors as required in the bylaws of AOS. Elect new directors cancel the deal, get out $.15 payout. Simple. This is what I will be voting for and encourage the rest of AOS shareholders to do the same. A black mark on the directors of AOS. The appeals judge might not think you are crooks but if you explained your actions to a child, said child would disagree. Thanks for posting old fart
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