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Acuity Brands, Inc. (AYI) is a holding company, which owns companies operating in the lighting industry. Its brands are considered to be some of the best in the industry. The company is based in Atlanta and employs over 13,000 people.
Acuity designs and produces everything from lighting controls and building system controllers to power supplies and integrated systems for industrial purposes. Acuity was trading at over twice its current price towards the end of 2016. As such, value hunters have been eagerly watching Acuity so as to determine whether it is a