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Veyance Sheds Unit To Win OK For $1.8B Continental Deal

By Benjamin Horney (December 12, 2014, 1:32 PM EST) -- German auto parts and tire maker Continental AG's proposed $1.8 billion acquisition of private equity-backed Veyance Technologies Inc. is on track to go through, Veyance said Friday, as the companies have agreed to regulators' demands to divest one of Veyance's units to protect competition in the marketplace....

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