Lear (LEA) to Acquire Guilford Mills from Cerberus
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/9/2026
- Wall Street posts weekly gains with earnings, inflation data on tap
- Oil prices settle higher as more production shut ahead of hurricane
- Apple cuts iPhone 18 Pro orders due to soft demand, Nikkei Asia reports
- UBS flags level in gold prices where dip buyers will likely emerge
- Telecom stocks tumble on SpaceX spectrum acquisition news
Tweet
Share
E-mailGet Alerts LEA Hot Sheet
Price: $118.03 -0.42%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.5%
Revenue Growth %: +2.1%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.5%
Revenue Growth %: +2.1%
Join SI Premium – FREE
Lear Corporation (NYSE: LEA) today announced that it has signed an agreement to acquire Guilford Mills, a privately-held portfolio company of Cerberus Capital Management, L.P. that manufactures fabrics for the automotive and specialty markets.
The closing of the transaction, which is expected to occur in the second quarter of 2012, is subject to customary conditions, including regulatory approvals. Financial terms of the transaction were not disclosed.
The closing of the transaction, which is expected to occur in the second quarter of 2012, is subject to customary conditions, including regulatory approvals. Financial terms of the transaction were not disclosed.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Lear (LEA) PT Lowered to $145 at Barclays
- XMax to acquire GaN power semiconductor firm Hexa Creation
- Navios Maritime launches $12 tender offer for preferred ADS shares
Create E-mail Alert Related Categories
Mergers and AcquisitionsRelated Entities
Cerberus CapitalSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
