I overheard some people talking in a conference room last week but I don’t know if this is true or false
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@2gd you can be sure that cd&r’s plan isn’t to just own 17% of each company post split. There has to be a longer play. More changes are sure to come. M&A and divestiture along with all the upheavals that come with those activities are possibilities.
@2b6 what’s the implication?
@1vr PE CD&R already holds 28,750,250 shares of Resideo which represents approximately 17.2% of the company's common stock.
@1se if Melville remains open it will only be because of sale to PE firm.
@1qr what’s the phrase…?
that’s bait
Think about it, why do they need it. Majority of focus is on HVAC , Air, Water and retail life safety and cameras. Can't u load MN office do to high cost of mitigating the polution. Resideo is no longer serious about pro security.
@OP false.
They probably should close it but there are some facility improvements being planned which would make your rumor false.