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Stock Market & Financial Investment News

News Breaks
December 17, 2013
14:01 EDTAIMCAltra Industrial Motion completes acquisition of Svendborg Brakes
Altra Industrial Motion announced that it has closed on the acquisition of Svendborg Brakes. The acquisition is anticipated to be accretive to Altra's earnings in 2014 in the range of 10c-15c per diluted share, excluding any one-time or acquisition-related costs.
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