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Illinois Tool Works (ITW +4.1%), which has been facing pressure to break up, is one of the...
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Tuesday, January 17, 2012, 11:15 AM ETIllinois Tool Works (ITW +4.1%), which has been facing pressure to break up, is one of the S&P 500's top gainers following its decision to give shareholder Relational Investors a board seat. In return, Relational will refrain from launching a proxy contest to gain a directorship and initiate or encourage any stockholder proposals.
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