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Deal closed Oct 2013 Verified

LIXIL Corp. acquisition of American Standard referenced

The text references the recent acquisition of American Standard by LIXIL Corp. in June, noting that the new distribution partnership is a strategic step following this ownership change.

“Following closely on the acquisition of American Standard by LIXIL Corp. in June, this announcement marks another important step in American Standard’s strategic growth.”

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Plumbing Sentiment: Neutral

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.