Enpro Inc (NYSE:NPO)
$ 147.95 1.36 (0.93%) Market Cap: 3.10 Bil Enterprise Value: 3.63 Bil PE Ratio: 0 PB Ratio: 2.19 GF Score: 69/100
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EnPro Industries Inc Entered Into Definitive Agreement to Sell Fairbanks Morse Division to Arcline Investment Management LP - Conference Call Transcript

Dec 13, 2019 / 01:30PM GMT
Release Date Price: $66.73 (+0.45%)
Operator

Greetings, and welcome to the EnPro Industries Divestiture Announcement. (Operator Instructions) As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Chris O'Neal, Senior Vice President, Strategy and Corporate Development. Please go ahead.

William C. O;Neal
EnPro Industries, Inc. - SVP of Strategy, Corporate Development & IR

' -

Thanks, Kevin. Good morning, everyone, and thank you for joining us today to discuss our agreement to sell Fairbanks Morse. As a reminder, this call is also being webcast at enproindustries.com where you can download the presentation that accompanies our prepared remarks.

With me on today's call is Marvin Riley, our CEO; and Milt Childress, our CFO. They will begin with an overview of the transaction, how this sale supports our -- and accelerates our strategy to reshape our portfolio. Then we'll take your questions.

But before I begin our discussion, let me point out that during today's call, we will begin making statements that are considered

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