Federal-Mogul Corp. says it will retain its lighting, wiper blade and fuel-system businesses after talks with several potential buyers failed to produce a satisfactory deal for the Southfield, MI, supplier. The combined operations, producing Wagner lighting and Anco wiper blades, have sales of about $700 million and employ 5,400 people. In September of last year, Federal-Mogul announced its intention to sell after reporting a $160 million aftermarket sales shortfall for the third quarter ...
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