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NSI Names Spin-Off Acuity Brands

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By: TOM BRANNA

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National Service Industries, Inc. today announced it has selected Acuity Brands, Inc. as the name for its lighting equipment and chemicals spin-off company, which is expected to separate from NSI at the end of November. Acuity Brands will be listed on the New York Stock Exchange under the symbol “AYI” and is expected to begin trading on or about Nov. 14. The post-spin NSI will be comprised of its remaining textile rental and envelope businesses.James S. Balloun, NSI’s current c...

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