-
Meritor Buys AxleTech From Carlyle Group For $175M
Wednesday, May 8, 2019 - 1:43pm | 388Meritor, Inc. (NYSE: MTOR) announced Wednesday that it has entered into an agreement with an affiliate of The Carlyle Group LP (NASDAQ: CG) to acquire AxleTech for about $175 million in cash. What Happened The sale price is adjusted for changes in working capital at closing, Meritor said in a press...