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GKN Rejects Takeover, Splits Off Aerospace Unit
January 12, 2018
GKN, the No. 2 commercial aerostructures provider that saw a tough 2017, on Jan. 12 said it rejected an unsolicited takeover bid. But the UK-based company also announced a new corporate split, turnaround effort and permanent CEO. UK investment and turnaround company Melrose Industries on Jan. 8...
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