Timken (TKR -1.65%), 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.
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The Timken shareholder vote over a proposed spin-off is coming down to the wire.
Blake Bos owns shares of Timken. The Motley Fool has no position in any of the stocks mentioned. We Fools don't 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.
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