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Investment Group Gets Large Stake in Titan

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Citadel Investment Group LLC took what it calls a “passive” stake in tyre and wheel maker Titan International, according to news reports. Citadel bought a 5.7 per cent stake in the company – about 1.6 million shares. The investment firm said it does not plan to change or influence control in the company. (Tire Review/Akron)

Related news:

  1. Investment Group to Take 49 per cent Share in The Tire Rack
  2. Investor Unhappy With Titan “Merger” Plans
  3. Titan’s Promising Third Quarter
  4. Bridgestone’s Shares Fall: Update
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