Eaton (ETN) is definitely not overvalued! Message Board

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Technology Stocks : Eaton (ETN) is definitely not overvalued!

ETN 381.56

-0.4%

Oct 31 9:30 AM EDT

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From: JakeStraw	8/4/2010 9:33:25 AM
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Eaton Agrees to Acquire Wright Line, Leading Data Center Enclosure and Air Flow Management System Manufacturer finance.yahoo.com CLEVELAND--(BUSINESS WIRE)--Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) today announced it has agreed to acquire Wright Line Holding, Inc., subject to regulatory approvals and other customary closing conditions. Terms of the transaction were not disclosed. Based in Worcester, Mass., Wright Line provides customized enclosures, rack systems, and air flow management systems to store, power, and secure mission-critical IT data center electronics. Over the last 12 months the company had sales of approximately $101 million and has more than 350 employees.

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