Thiokol acquires majority interest in Howmet

Thiokol Corp., Ogden, Utah, completed its buy of 13 million shares of Howmet International Inc. common stock from an affiliate of The Carlyle Group for $183.8 million. The transaction increased Thiokol's stake in Howmet, Greenwich, Conn., from 49% to 62% (DAILY, Oct. 14). Thiokol has a two-year...

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