Background: Carrier Seeks Few Billion Dollars For Fire & Security, Will Partially Spin/Split/IPO and Carrier To Split Up Sale Of Fire And Security
Now, Carrier's CEO, at an investor's conference, commented:
security and our stationary refrigeration business have been in the market for some time. We’re **** *** ***** **** ********* ****** *** ***** **********, and we’re very pleased. And we still have work to do, but those processes are progressing extremely well. And it’s not surprising given the franchises that are so unique with those assets. It’s a once-in-a-lifetime *********** *** **** ****** to buy these assets and the interest level reflects, I think, the exciting opportunities with those businesses....
*** **** *** *** ** ** the ********. ** ***** ***** **** like ***seventh ******* ****, security, commercial refrigeration, industrial, maybe in like the sixth inning, those are progressing well. We have to see those through while we start putting more meat on the bone on residential and commercial fire. [emphasis added]
**** ******* * *** ****** ***, which, ** **** **** ** **** track, ***** *** **** ***** ** completed ****** ****** *** ****'* ** shortly **********.
**'** ****** ******* ******** ****** ******* ***** ******** But *** ******* *&* / ******* (Analyzed).
*** **** **** *******'* *** **** I ***** ******** *** **** ******** is "****-**-*-******** *********** *** **** ******." That ** * **** ***** *** a ****** ** *** **** ******** companies, **** ********. ** **** ** interesting ** *** **** *** ***** price **** **.
* ******* **** *********** **** ** the *** *** ***.