MTOR News and Press, Meritor Inc. From 03/02/22

NEW YORK, NY / ACCESSWIRE / March 2, 2022 / Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Meritor, Inc. (NYSE:MTOR)'s sale t...

Tegna agrees to be acquired by Standard General after over three years of bidding war. As part of the deal, Tegna shareholders could also receive additional cash consideration in the form of an unusual “ticking fee”. Zendesk (ZEN) terminated its merger agreement with...

NEW YORK, NY / ACCESSWIRE / February 24, 2022 / Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Tenneco Inc. (NYSE:TEN)'s sale...

Cummins announced that it is acquiring Meritor for $36.50/share in cash. Meritor brings a market-leading position in axles and brakes in commercial vehicles and further accelerates Cummins' efforts to consolidate ICE powertrain components. Meritor also brings very credible electri...

Auto supplier stocks outperformed on Wednesday after another blockbuster M&A deal was announced with Apollo Global acquiring Tenneco (TEN +93.3%) for $7.1B. Yesterday, Cummins (CMI -2.4%) swallowed up Meritor (MTOR +0.3%) in another eye-opening combination. The deal premium for Tenne...

Tenneco's announced $20/share sale to private equity firm Apollo Global (NYSE:APO) reads well for ICE-leveraged peers Dana Inc. (NYSE:DAN) and BorgWarner Inc. (NYSE:BWA), according to a Wells Fargo analyst. The deal also follows Cummins (NYSE:CMI) deal to purchase Meritor Inc. (NYSE:MTOR...

The growing clash between Russia and Ukraine put pressure on stocks on Tuesday. A late-day recovery allowed the major averages to trim their losses, but the Dow, Nasdaq and S&P 500 all finished lower by more than 1%. With Russia acting as the prime mover on the session, stocks tied to the...

Meritor, Inc. ( NYSE: MTOR ) , whose shares rose by 45%, and Cummins Inc. ( NYSE: CMI ) recently announced they’d executed a definitive purchase agreement whereby Meritor, a leader of the electric powertrain, aftermarket, braking, mobility and drivetrain opti...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips A new Macy’s (NYSE: M ) stock dividend has been announced and investors in the company will see a pretty penny when payouts take place! Source: Joe Tabacca / Shutterstock.com Investors in Macy’s ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Meritor (NYSE: MTOR ) stock is on the move today as investors react to news about an acquisition deal with Cummins (NYSE: CMI ). Source: Shutterstock.com Let’s dive into that news below to see why...