Tagged BW

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Much Needed Fire Under Babcock & Wilcox

Item 3. Source and Amount of Funds or Other Consideration. The 2,121,802 Shares purchased by Series One were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases, except as otherwise noted, as set forth in Schedule A,…

Babcock & Wilcox Split Completed

BWX Technologies, Inc. has completed the spin-off of its power generation business and will begin “regular way” trading on the NYSE under the new ticker symbol “BWXT” on July 1, 2015. In 2014, The Babcock & Wilcox Company (B&W) announced its intent to spin off its power generation business, and on June 8, 2015, B&W’s…

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