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Thomas & Betts (TNB -1.1%) CEO Dominic Pileggi tips off his view on the firm's prospects at...

Dec. 14, 2011 12:32 PM ETABB Ltd (ABBNY) StockABBNYBy: Clark Schultz, SA News Editor
Thomas & Betts (TNB -1.1%) CEO Dominic Pileggi tips off his view on the firm's prospects at the Gabelli & Co. Best Ideas Conference. He sees a favorable M&A environment helping to push the company  back on the acquisition track after 2011 was a relatively slow year. Organic sales growth in 2012 should fall in the mid single-digit range and earnings growth will be in the mid-teens percent range, according to Pileggi. (transcript)

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