Seeing this news was far from a surprise, but what else could this be the start of? Becoming a tech-focused company will surely include more changes - curious what others think. Will it be a split, more sell-offs, restructuring, all of the above or something else?
https://www.prnewswire.com/news-releases/whirlpool-corporation-announces-acquisition-of-insinkerator-301601265.html
If they sell off ComRes, do we still keep the layers of bureaucracy in St. Louis?
Or do we keep them to manage the digital transformation?
They will keep selling, who is gonna buy Copeland?
Won't a bunch of unrelated businesses take forever to sell unless they have a couple buyers for all of it or something?
Technology company… lol
JF was put over comres to sell it; they will keep selling businesses fast now bc the market for companies that lal wants to buy is cheaper for the first time in 5 years.
A sell off as Lal stated in his fortune interview. ComRes won't exist much longer.
150M in restructuring costs for 2022 of which only about 50M has been done so far.