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Onex Ties Up Allison Transmission Exit With $2.4B Profit

By Zachary Zagger (September 10, 2014, 2:07 PM EDT) -- Canadian private equity firm Onex Corp. and its affiliates, together making up the Onex Group, said Wednesday that they are selling their remaining 2.7 million shares in Allison Transmission, cashing out a total $2.4 billion in proceeds from the investment in Allison made along with The Carlyle Group....

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