Cowen Remains Bullish on Cowen ITT Corp. (ITT) as the Company Supplements High-Performance Auto Business

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ITT Announces Plans to Acquire Wolverine Advanced Materials

August 31, 2015 9:01 AM EDT

Wolverine will strengthen ITTs global position while expanding its material science expertise and global growth opportunities

WHITE PLAINS, N.Y.--(BUSINESS WIRE)-- ITT Corporation (NYSE: ITT) announced today that it has signed an agreement to acquire Wolverine Automotive Holdings Inc., the parent company of Wolverine Advanced Materials LLC (Wolverine), a global market leader in developing and manufacturing customized technologies for automotive braking systems and specialized sealing solutions for harsh operating environments across a range of industries. Founded in 1934, Wolverine is a globally diversified manufacturer with a strong... More