Tenneco To Acquire Federal-Mogul From Carl Icahn For $5.4 Billion
Tenneco also announced its intention to separate the combined businesses into two independent, publicly traded companies through a tax-free spinoff to shareholders that will establish an aftermarket and ride performance company and a powertrain technology company.
Icahn Automotive Group Acquires 19 Independent Repair Facilities
Icahn Automotive Group announced that it has purchased 19 independently owned service locations throughout the United States.
