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Brodsky Bids For Alliance

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Harvey Brodsky, best known for his involvement with Tire Retread Information Bureau (TRIB), has made a 50 million dollar bid to buy 51 per cent of Israel-based Alliance Tire Co. Alliance has issues a memorandum of understanding and the due diligence process is under way. At the conclusion of the due diligence period either party has the option to walk away from the proposal.

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