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Auto Parts Industry Looks for New Deals

2015-12-16 03:49:24| Auto Parts - Topix.net

Auto parts makers, flush with cash and bolstered by U.S. sales running at more than a decade-high, are preparing to crank up their merger and acquisitions activity to advance their technology offerings, reports the Wall Street Journal . Nearly 60 percent of automotive executives who responded to a new Ernst & Young survey said they would pursue an acquisition over the next 12 months, a development that could reverse a recent wave of share buybacks.

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