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PR Newswire

BorgWarner to Settle 3.5% Convertible Senior Notes Solely With Common Stock

AUBURN HILLS, Mich., Dec. 13, 2011 /PRNewswire/ -- BorgWarner (NYSE: BWA) has elected to settle all conversions of its 3.50% Convertible Senior Notes due 2012 (the "Notes") by delivering solely shares of the company's common stock to converting Noteholders.  On and...