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Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Time for an update on the tussle surrounding one of the UK's last industrial behemoths. Regular readers will recall I got a bit lucky with one of my tips of the year a month or so ago as GKN (GKN) picked up a bid from business takeover specialist Melrose (MRO). I guess it was inevitable that a newly appointed CEO - albeit one who is pushing close to a classic retirement age - who got the job to help turn the struggling business around would agitate rather than roll over. At the turn of the month GKN was minded to tell its shareholders that:
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