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Tuff-Stuff

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Tuff-Stuff

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Tuesday, 06/30/2015 7:44:20 AM

Tuesday, June 30, 2015 7:44:20 AM

Post# of 648882
PNR<>Pentair +5.5% after Peltz discloses stake

Nelson Peltz's Trian Fund Management has built a stake of 7.24% in Pentair (NYSE:PNR) and asked the company to consider acquiring rivals to consolidate the fragmented market for specialized parts, WSJ reports.
The firm has been in talks with Pentair Chairman and Chief Executive Randall Hogan for more than a month, and they broadly agree about the company’s future potential.
PNR +5.5% premarket

Pray for A Pain Free Day!

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