ArvinMeritor says extends offer for Dana.

Newswire

NEW YORK, Aug 28 (Reuters) - Auto parts maker ArvinMeritor Inc announced on Thursday it has extended its $2.2 billion offer to buy Dana Corp to Oct. 2. The company also said that so far only 2.54 million shareholders in Dana tendered their shares in the offer. ArvinMeritor offered $15 for each Dana share in a hostile bid launched last July.

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