TRW Automotive In Advanced Talks To Be Bought Out
TRW Automotive is trading around $102.10 per share Wednesday, giving speculators limited upside from current levels. A rumor on July 17 noted ZF Friedrichshafen AG was aiming to finance bid for $11 billion to $13 billion.
With advanced talks underway, a deal may be close. Reuters $12 billion figure is in-line with figures mentioned in prior rumors.
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