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Remy To Pay Tecnomatic $32M To Settle Hybrid Motor Suit

By Michael Lipkin (September 11, 2014, 8:12 PM EDT) -- Industrial parts manufacturers Remy International Inc. said Thursday it would pay Tecnomatic SpA $32 million and enter into a cross-licensing agreement for Tecnomatic's patents to settle dueling suits in Indiana federal court over hybrid engine parts for which it had sought Tecnomatic's help in making....

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