ITT: Three Good Companies, One Low Price
By MoS Investor. In February, I wrote a post on the conglomerate ITT (ITT)and its spinoff plan into three separate companies, Defense, Water, and Industrial Products. The market loved the announcement, sending shares of the company from $51 to a high of $64. When I wrote about ITT I felt that because of the run up it didn’t quite offer the…
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