American Axle & Manufacturing to acquire Metaldyne Performance Group

American Axle & Manufacturing (AAM) has entered into a definitive agreement to acquire Metaldyne Performance Group (MPG), a provider of engineered components for light vehicle, commercial vehicle and industrial markets. The combined company will have sales of nearly $7 billion.

“This morning we announced that AAM has entered into a definitive agreement to acquire Metaldyne Performance Group (MPG).”sec.gov

• 6 sources
• sec.govNov 3, 2016
• sec.govEX-99.1Nov 3, 2016
• sec.govExhibitNov 3, 2016
• sec.govExhibitNov 3, 2016
• reuters.comAmerican Axle's $1.6 billion Metaldyne buy to help grow beyond GM | ReutersAnkit AjmeraNov 3, 2016
• autonews.comAmerican Axle finds solace in Metaldyne dealNov 7, 2016

Summarized from public sources; check the original articles before acting on it.