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Tenneco to buy Federal-Mogul for $5.4 billion

AutoNews.com
Tenneco said it will buy Federal-Mogul, a maker of powertrain components, from Icahn Enterprises for $5.4 billion. Tenneco also said it would separate its combined businesses into two independent, publicly traded companies.
Source: http://feedproxy.google.com/~r/autonews/EuropeNews/~3/9KZNp3O306A/tenneco-to-buy-federal-mogul
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