After more than two years of rumors, General Motors Corp. finally strikes a deal to sell its Electro-Motive Div. The sale to an investor group led by Greenbriar Equity Group LLC and Berkshire Partners LLC covers substantially all of the Electro-Motive businesses, including North American and international locomotives; power, marine and industrial products; the spare parts business; and all of Electro-Motive's locomotive maintenance contracts worldwide. The LaGrange, IL, and London, ...
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