Seeking Alpha

Brink's (BCO) responds to a call from investor Shamrock to sell itself by saying that now is...

Brink's (BCO) responds to a call from investor Shamrock to sell itself by saying that now is "not an appropriate time" for such a deal. The security-services company, which is worth $1.3B, says that to improve its performance, it's cutting costs, investing in Latin America, and overhauling its European ops. Shamrock reckons a sale of Brink's could bring $40/share vs Friday's close of $26.71.
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