Nov. 12, 2012, 4:43 AMBrink'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. | Comment!
BCO vs. ETF Alternatives
Brink's Co along with its subsidiaries, provides secure transportation, cash management services & other security-related services to banks and financial institutions, retailers, government agencies, mints, jewelers & other commercial operations.
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