Fed-Mog Quietly Eyes Buy-Ups

Federal-Mogul, the parts conglomerate 76% controlled by billionaire Carl Icahn, are focused on growth and shopping for companies with $1.6bn in their purse, including the company’s $1bn in cash and their $600m credit line, according to CEO Jose Maria Alapont. “Despite the recovery of the global economy, which now is challenged again, there are companies…
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