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U.S.: FTC approves merger of vehicle tech businesses

 |  November 26, 2012

The Federal Trade Commission has approved SPX Corporation to sell its Service Solutions business to automotive technology company Robert Bosch GmbH. SPX Corporation sites more than $5 billion in annual revenue from its manufacturing operations, part of which concentrate on vehicle service solutions. The deal is expected to be complete by early December.

Full Content: The Sacramento Bee

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