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Allison Transmissions gets sold to Carlyle Group

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salin Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-07-07 10:13 PM
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Allison Transmissions gets sold to Carlyle Group
just heard on wishtv news. Carlyle, I believe, has been doing the 'carve out the equity and spit out the rest - but make a profit before the buyer realizes they are mostly buying debt' thing... I would guess that the hoosier jobs at Allison Transmissions will soon disappear from Indiana.
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