Illinois Tool Works (ITW +4.1%), which has been facing pressure to break up, is one of the...

|About: Illinois Tool Works Inc. (ITW)|By:, SA News Editor

Illinois Tool Works (ITW +4.1%), which has been facing pressure to break up, is one of the S&P 500's top gainers following its decision to give shareholder Relational Investors a board seat. In return, Relational will refrain from launching a proxy contest to gain a directorship and initiate or encourage any stockholder proposals.