ALLIEDSIGNAL SELLING BRAKE LINE TO ROBERT BOSCH
AlliedSignal will sell its light vehicle hydraulic and anti-lock braking business to Robert Bosch GmbH for $1.5 billion in cash. The businesses being sold accounted for approximately $2.1 billion of AlliedSignal's total 1995 sales of $14.3 billion. Lawrence Bossidy, AlliedSignal chairman and chief...
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