Goodman Retains Goldman, Sachs & Co. and J.P. Morgan Securities Inc. to Assist in the Review of Potential Strategies
2007年7月20日 - 9:26PM
ビジネスワイヤ(英語)
Goodman Global, Inc. (NYSE:GGL) today announced that it is in the
process of reviewing potential strategies to enhance shareholder
value. Goodman has engaged Goldman, Sachs & Co. and J.P. Morgan
Securities Inc. to assist the Company�s management and Board of
Directors in identifying and evaluating various options. Charles
Carroll, President and Chief Executive Officer stated, �The
management and Board of Directors continually evaluate our business
and operations to identify and develop opportunities for maximizing
value for all shareholders.� No assurance can be given that this
review will lead to any specific action or transaction. Goodman
does not intend to make any further information available regarding
the progress of this strategic initiative except in accordance with
applicable securities laws. Safe Harbor for Forward-Looking and
Cautionary Statements Certain statements in this press release are
�forward-looking statements� within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These statements involve a number of risks,
uncertainties and other factors that could cause actual results,
performance or achievements of Goodman to be materially different
from any future results, performance or achievements expressed or
implied by these forward-looking statements. The words �believe,�
�expect,� �anticipate,� �intend,� �estimate,� and other expressions
that are predictions of or indicate future events and trends and
that do not relate to historical matters identify forward-looking
statements. Forward looking statements also include statements
about the following subjects: changes in weather patterns and
seasonal fluctuations; changes in customer demand due to federally
mandated minimum efficiency standards; the maturation of Goodman�s
new company-operated distribution centers; increased competition
and technological changes and advances; increases in the cost of
raw materials and components; Goodman�s relations with its
independent distributors; and damage or injury caused by Goodman�s
products. Goodman undertakes no obligation to publicly update or
revise any forward-looking statement, whether as a result of new
information, future events, changed circumstances or otherwise.
These forward-looking statements are subject to numerous risks and
uncertainties, including, but not limited to, the impact of general
economic conditions in the regions in which Goodman does business;
general industry conditions, including competition and product, raw
material and energy prices; the realization of expected tax
benefits; changes in exchange rates and currency values; capital
expenditure requirements; access to capital markets and the risks
and uncertainties described under �Risk Factors� contained in
Goodman�s Annual Report on Form 10-K filed with the Securities and
Exchange Commission. About Goodman Houston-based Goodman Global,
Inc. is the second-largest domestic unit manufacturer of heating,
ventilation and air conditioning products for residential and light
commercial use. Goodman's products are predominantly marketed under
the Goodman�, Amana� and Quietflex� brand names, and are sold
through company-operated and independent distribution networks with
approximately 800 distribution points throughout North America. For
more information about Goodman, visit www.goodmanglobal.com. Amana�
is a trademark of Maytag Corporation and is used under license to
Goodman Company, L.P. All rights reserved.
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