Fruehauf Selling Units: A unit of Terex...
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Fruehauf Selling Units: A unit of Terex Corp., which has revived other financially troubled companies, will buy debt-ridden Fruehauf Corp.’s truck-trailer and maritime businesses for $232.5 million, the two companies said. Fruehauf said it will sell the trailer business, two shipping dry docks in Florida and one in Maryland and its 80% interest in CEMCO, a maker of ship loading cranes, to FRH Acquisition.
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