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Cummins agrees to acquire Meritor for $3.7 billion

( February 22, 2022, 15:35 GMT | Official Statement) -- MLex Summary: Cummins has agreed to acquire Troy, Michigan-based auto parts manufacturer Meritor for $3.7 billion. The deal is expected to close by the end of the calendar year. Both companies are traded on the New York Stock Exchange.Statement follows below:...

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