DETROIT – Despite simmering opposition, Canada’s Tesma International Inc. is confident its merger with Austria-based Magna Steyr Group will be approved when shareholders vote on the deal Dec. 12. Minority shareholders object to formation of the new company -- tentatively named Magna Steyr Inc. -- which aims to become a dominant force on the global powertrain/drivetrain scene. Opponents claim the proposed deal devalues Tesma shares and forces the company to assume too much debt. But Tony ...
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