Horizon Cancels €169M Towbar Co. Buy Amid Antitrust Woes

By Hayley Fowler (June 18, 2018, 7:47 PM EDT) -- Tow truck and trailer equipment maker Horizon Global Corp. has dropped its planned €169 million ($198.9 million) purchase of the Brink Group after competition authorities in the United Kingdom and Germany raised concerns over the remaining towbar suppliers in the market if the deal went through....

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