BRIEF-Sevcon and Borgwarner provide update on merger agreement termination fee

Newswire

July 17 (Reuters) - Borgwarner Inc: * Sevcon Inc , Borgwarner updates on merger agreement termination fee - sec filing * Sevcon Inc, Borgwarner termination fee is $1.6 million if it becomes payable in connection with a superior proposal * Sevcon Inc, Borgwarner reverse termination fee set at $4.8 million Source text - http://bit.ly/2u0Q1Rg Further company coverage:

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