Timken (TKR 0.05%), global manufacturer of bearings and steel, is in the process of a dramatic shareholder vote over whether to spin off the company's steel business. In this video, Motley Fool industrials analyst Blake Bos tells investors where the vote currently stands, whether he believes the company should comply with the proposed spin-off, and what happens next. Blake also tells us whether this deal will be a big victory or a bad burn for investors.
The Timken shareholder vote over a proposed spin-off is coming down to the wire.
About the Author
A home grown Kansan and largely self taught investor. I wouldn't classify myself by any particular investing style, just opportunistic. My dream investment would have a greater than 10% free cash flow return on enterprise value and be growing at above industry average rates. Some of my favorite industries to watch right now are: alternative energy, manufacturing, agriculture, infrastructure, and media content production companies. Follow me on any of the social media websites below for the most important 3D printing industry developments and other great stories.