#Latest news with #DanaOffHighwayWall Street Journal3 days agoBusinessWall Street JournalAllison Transmission to Buy Dana's Off-Highway Business for About $2.7 BillionAllison Transmission Holdings said it agreed to buy Dana's Off-Highway business for about $2.7 billion. Allison said the deal is expected to immediately add to diluted earnings per share, and generate annual run-rate savings of about $120 million. The company plans to finance the transaction through a combination of cash on its balance sheet and debt.
Wall Street Journal3 days agoBusinessWall Street JournalAllison Transmission to Buy Dana's Off-Highway Business for About $2.7 BillionAllison Transmission Holdings said it agreed to buy Dana's Off-Highway business for about $2.7 billion. Allison said the deal is expected to immediately add to diluted earnings per share, and generate annual run-rate savings of about $120 million. The company plans to finance the transaction through a combination of cash on its balance sheet and debt.
3 days ago
