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 CEO.
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.
July 31, 2007: Goodman Reviews Potential Business Strategies
July 31, 2007