UPDATE 3-Chairman of hostile takeover target Dana dies


(Adds trader and analyst comments, updates with closing share price) CHICAGO, Sept 23 (Reuters) - Auto parts maker Dana Corp. , which is battling a $2.2 billion hostile takeover bid, said on Tuesday its chairman and chief executive died from complications from pancreatitis. Joseph Magliochetti, 61, died Monday evening following the removal of a gallstone. Magliochetti had been hospitalized for the ailment two weeks ago. He had been fighting a hostile takeover bid from rival auto parts ...

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