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Tower Automotive quarterly net profit up

CHICAGO, April 29 (Reuters) - Tower Automotive Inc. , a maker of auto body structures and frames, on Thursday reported a slightly higher quarterly net profit, boosted by divestiture gains.

Novi, Michigan-based Tower had a first-quarter net profit of $12 million, or 21 cents a share, compared with a year-ago profit of $11.6 million, or 21 cents a share.