DaimlerChrysler AG and Bombardier Inc. reach a settlement over the sale of DC’s Adtranz rail systems unit to the Canadian firm. The pact lowers the acquisition price by $209 million to $516 million, while DC will record a €170 million ($209 million) gain as part of the deal. Bombardier claimed DC significantly overvalued Adtranz assets. The unit has gone through a massive restructuring plan, including the loss of 6,600 jobs.
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