On Sept. 5, Timken's (NYSE:TKR) board of directors approved a spin-off of the company's steel business, which will create two publicly traded companies. But with these two businesses operating in similar industries, was a spin-off really the best move for the company, or for long-term investors? In this video, Motley Fool industrials analyst Blake Bos gives investors the rationale behind why shareholders would be interested in making this move strategically, and also discusses why he was disappointed with the decision. He then tells investors what he'll be doing with his shares of the company.
Oct 1, 2013 at 3:39PM
The Motley Fool's industrials analyst, I specialize in 3-D printing and also do my best to stay up-to-date in the fields of robotics and oceanic transportation. Follow me on Twitter, Google+, and/or Facebook below for the most important 3-D printing industry developments and other great stories.
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