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Raising the Standard ASD $34.84 +1.51 |
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About Us On February 1, 2007, American Standard's Board of Directors announced that it had completed a strategic review of the company and unanimously approved a plan to separate the three businesses that comprised the company at that time. On July 23, 2007, American Standard announced that it had signed a definitive agreement to sell the company's worldwide Bath and Kitchen products business to funds advised by Bain Capital Partners, LLC, a leading global private investment firm, for $1.755 billion in cash. At 11:59 on July 31,2007, American Standard completed the spinoff of our vehicle control systems business into a new publicly traded company to be called WABCO (NYSE: WBC). Learn more about our company separation plans Learn more about our company through our Annual Reports
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