Tag Archives: Spinoffs

ITT: Three Good Companies, One Low Price

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. … Continue reading

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ITT Spinoffs Create Potential Opportunity for Patient Investors

Recently, industrial conglomerate ITT (ITT) announced they will split the company into three separate businesses:  Defense, Water, and Industrial Products (The “New” ITT). The stock immediately jumped 20% in anticipation of the spinoffs, which are expected to be completed by … Continue reading

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