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What's Happening With Timken's Spin-Off?

Earlier this year at Timken's (NYSE: TKR  ) annual meeting, shareholders voted to spin off the company's steel business from its core ball-bearings business. In this video, Motley Fool industrials analyst Blake Bos gives investors an approximate timeline of when to expect final word on the spin-off. He also discusses why it may seem like a profitable decision in the short term, but why he sees it as losing value for shareholders in the long run.

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  • Report this Comment On September 06, 2013, at 10:26 AM, cschweggs wrote:

    Timken's core "bearings" business is actually precision tapered roller bearings, not ball bearings. Their bearings are made to extremely precise tolerances, and made of high quality steel alloys, leading to longer life in harsh environments. Very little of their "bearings" business is related to ball bearings.

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9/28/2016 12:53 PM
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