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September 01, 2020 1:39pm
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Meritor to sell stake in joint venture

Meritor Inc. (NYSE: MTOR) will sell its stake in the Meritor WABCO joint venture to WABCO Holdings Inc. (NYSE: WBC). Shares of Meritor climbed $1.77 to close at $24.35 while WABCO stock added 73 cents to close at $142.97.



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