Saturday, May 26, 2018

Activist investor Loeb's investment wants to split up United Technologies Corp after a sum-of-the-parts analysis of the company that yields a valuation of around $190 to $210 per share compared to market close of $127 on Friday.

The SOP valuation is based on market comparisons of three main businesses to KONE (for Otis); Allegion, Ingersoll-Rand, and Lennox (CCS); and TransDigm and Spirit AeroSystems (UTAS)

This post is not a recommendation to buy or sell any security or derivative. Stocks are not suitable for all investors. Please do your own research.

https://www.fool.com/investing/2018/05/21/why-this-billionaire-hedge-fund-manager-wants-to-b.aspx



Submitted May 26, 2018 at 12:40PM by InterestingNews1 https://ift.tt/2seA1ck

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