Tag Archives: Ralph Whitworth Timken

After Pressure From Relational Investors, Timken Will Spinoff TimkenSteel This Month

‘Resistance is futile’ – The Borg Star Trek fans will no doubt recognize the famed motto of those nasty, robotic, intergalactic conquerors hell-bent on assimilation. What they won’t know is that the phrase is also rumored to be frequently muttered at company board meetings after Ralph Whitworth’s Relational Investors announces a stake. The activist firm has been quite a… Read More »

Relational Investors Whitworth Tells Timken To Spin Off Steel Business- TImken Steels Itself Against Demands

Nobody is safe these days from activist investors, not even 100+ year old family businesses. Relational Investors,  who successfully pushed for a spinoff at L-3 Communications (LLL), has set its sights on a new target, specialty steel and bearings maker Timken Co. (TKR). The investment firm, headed by Ralph Whitworth, announced in a recent 13D filing that it… Read More »