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Cerion Seeks $8.5M Discount On PPI Assets

By Tina Peng (March 23, 2009, 12:00 AM EDT) -- Cerion LLC has opened adversary proceedings in its purchase of Precision Parts International Holdings Inc.'s assets, alleging that the bankrupt auto parts maker overinflated its working capital calculation and purchase price adjustment by more than $8.5 million....

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