HOUSTON - Goodman Global Inc. announced that it is in the process of reviewing potential strategies to enhance shareholder value.
The company has engaged Goldman, Sachs & Co. and J.P.
Morgan Securities Inc. to assist its management and board of directors in
identifying and evaluating various options.
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.
“The management and board of directors continually evaluate
our business and operations to identify and develop opportunities for
maximizing value for all shareholders,” said Charles Carroll, president and
According to the company, 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.
For more information, visit www.goodmanglobal.com.
Goodman Reviews Potential Business Strategies
August 6, 2007