TITLE

ITT to Acquire YSI

AUTHOR(S)
NOTO, ANTHONY
PUB. DATE
July 2011
SOURCE
Mergers & Acquisitions Report;7/11/2011, Vol. 24 Issue 28, p20
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the plan of ITT Corp. to acquire privately held YSI Inc., manufacturer of sensors and instruments used in water monitoring. In 2010, the global revenues posted by ITT was 101 million U.S. dollars. According to Steve Loranger of ITT, there is a plan to integrate YSI into ITT Fluid and Motion Control and spin it off into a publicly trade company in a bid to create significant value for shareholders as standalone entities.
ACCESSION #
66187328

 

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