Thursday, January 29, 2015

Manitowoc to Split in Two After Pressure From Activists by WILLIAM ALDEN



By WILLIAM ALDEN


In a victory for Carl C. Icahn and Ralph Whitworth’s Relational Investors, the Manitowoc Company said it would separate its crane manufacturing business from its food service business, betting that the two will be more valuable as independent companies.


Published: January 29, 2015 at 12:00AM


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