Citi says Tyco likely to attract suitors in 2013

theflyonthewall.com

Citi lists Tyco (TYC), Danaher (DHR), General Electric (GE), SPX Corp. (SPW), and Pentair (PNR) as the Multi-Industry companies most likely to have capital allocation driven catalysts in 2013. Citi says Danaher is most likely to make an impactful acquisition this year while Tyco is likely to attract suitors given its position as a pure-play and the consolidation trend in building services. The firm names SPX Corp. as most likely to attract activist interest and GE as most likely to make a stock-moving divestiture.

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