Good question insofar as CUB does not fit into a recognized pigeonhole. I could see conglomerates such as GE and HON having an interest in CUB for both the defense and transit businesses. Moreover, any of the leading defense companies might want to acquire CUB with the intention of divesting the transit segment. All told, CUB probably has more buyout vig than any industrial company I follow.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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