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REVG - Spartan Motors will change name after offloading emergency unit
REV Group Inc.
Looking to focus on its Delivery and Specialty Vehicle segments, Spartan Motors (SPAR+4.5%) has divested its Emergency Response business to REV Group (REVG+1.1%), which paid $55M in cash (subject to adjustments) for the unit.
More news on: Spartan Motors, Inc., REV Group, Inc., Merger & acquisition news,