(Reuters) - The acquisition will add about $290 million of sales and
about 10 cents to 15 cents a share to earnings in 2008, the
maker of motion control and power generation products said in a
statement.
In a separate statement, Tecumseh said the sale composed of
the residential & commercial motors and Asia Pacific divisions
of its Fasco business unit. It plans to use the proceeds to
repay debt.
Read more at Reuters.com Mergers News
about 10 cents to 15 cents a share to earnings in 2008, the
maker of motion control and power generation products said in a
statement.
In a separate statement, Tecumseh said the sale composed of
the residential & commercial motors and Asia Pacific divisions
of its Fasco business unit. It plans to use the proceeds to
repay debt.
Read more at Reuters.com Mergers News
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