News

Lear Corporation to be acquired

12/02/2007

Global supplier of automotive interior systems and components Lear Corporation is to be acquired by American Real Estate Partners, L.P. (AREP), a holding company engaged in a variety of businesses.

Under the merger agreement, which is expected to close by the end of the second quarter of 2007, Lear will be acquired for approximately $5.3 billion, including the assumption of debt.

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