Ingersoll Rand (IR -0.3%) CEO Mike Lamach says that he held a "constructive" meeting with Nelson...

|By:, SA News Editor

Ingersoll Rand (IR -0.3%) CEO Mike Lamach says that he held a "constructive" meeting with Nelson Peltz's Trian Fund, which this month disclosed a 7% stake and said it would push for changes at Ingersoll. Lamach also says that the firm is receiving "solid" orders and that it could spend $300M-$800M on buybacks in H2.