Auto-supply giant Johnson Controls (NYSE:JCI) has been shopping its automotive electronics business for several months. The company believes that its underperforming unit would be best off under other ownership – but, so far, nobody has made an offer that Johnson Controls is willing to accept.
Is JCI's management going to have to rethink this deal? In this video, Fool.com contributor John Rosevear takes a look at some of the companies that are said to be interested – and at the obstacle that may be holding them back from making an offer.
Fool contributor John Rosevear owns shares of General Motors. The Motley Fool recommends General Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.