Earlier this year at Timken's (TKR 1.16%) 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.
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.