All Posts Tagged Tag: ‘timken split’

Timken Split Into Two Publicly Traded Companies

On September 5, 2013, the Timken Company officially announced that they would be splitting their company into two separate entities. After the announcement, Timken stock rose 6.2% during after-market trading. Timken manufactures steel, bearings and power transmissions. The company split will form a new steel company (no name announcement yet) which will continue to manufacture carbon and alloy steel. The …

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