Delphi Automotive Systems Corp. will buy Eaton Corp.'s automotive vehicle switch and electronics division for $300 million in cash. Cleveland-based Eaton last August announced it was looking to sell the Downers Grove, IL-based unit, because it did not feel it was in a position to compete in the vehicle interior market. Delphi reportedly expects the deal to add to earnings in its first full year of ownership and allow it to increase its switch business sales in automotive and other markets. ...
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