General Motors Corp., Greenbriar Equity Group LLC and Berkshire Partners LLC announce they have concluded the sale of Electro-Motive Div. (EMD) by GM to an investor group led by Greenbriar and Berkshire Partners. The transaction was announced in January when the parties signed a sale agreement. Terms of the transaction are not disclosed. (See related story: Investor Group Buys GM Electro-Motive) The new company, Electro-Motive Diesel Inc., will continue to be based in LaGrange, IL. The ...

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