PARIS – U.S. billionaire and racing team owner John Menard purchases the remnants of TWR Group Ltd. in the U.K. for an undisclosed sum and renames the company Menard Engineering Ltd. "They bring business strength and we bring our acumen," says a company spokesman, who with 140 other TWR employees suffered through more than two months of doubt after the company went into receivership on Feb. 13. Former TWR engineered and manufactured Jaguar XJ220. TWR has worked with 42 ...

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