Timken stakeholders again urge spinoff

Feb 19, 2013 | 04:54 PM | Corinna Petry

Tags  Timken, Relational Investors, California State Teachers' Retirement System, spinoff, steel business, bearings business, shareholder value, Ward J. Timken corinna petry

CHICAGO — Relational Investors LLC and the California State Teachers’ Retirement System, which together own 7.31 percent of Timken Co.’s shares, are again asking the company to separate its steel and bearings businesses.

Relational analyzed such a proposal last year and presented it to Timken (amm.com, Dec. 3).....





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