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Relational Investors will report a large stake in Ingersoll-Rand (IR +0.3%) sometime today,...

  • Thursday, February 14, 10:30 AM ET
    Relational Investors will report a large stake in Ingersoll-Rand (IR +0.3%) sometime today, according to The New York Post. With Nelson Pelz already on the board, the addition of Ralph Whitworth to the mix could lead to big changes at the equipment maker.
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    Not sure I grasp this activist fascination with IR, but as a shareholder, and an admittedly wary one in the $50 plus range, I welcome the affirmation.
    14 Feb, 12:14 PM Reply Like
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