Noble Int'l posts loss, sells logistics unit

Newswire

WARREN, Mich., March 25 (Reuters) - Noble International Ltd. , an automotive parts supplier, on Tuesday reported a fourth-quarter loss and said it sold its logistics group to focus on its core automotive operations. Noble said it sold the unit to SRS Texas Holdings and SRS California Holdings for about $11 million in cash and notes and the assumption of almost all trade payables and liabilities. Noble reported a loss from continuing operations of $600,000, or 7 cents a share, in the ...

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