DETROIT -- A decade of strategic stumbles sent Tower Automotive Inc. into Chapter 11 bankruptcy-court protection on Wednesday. Spiraling steel prices were just its latest challenge. The company filed ...
Private equity firm Cerberus Capital Management has agreed to buy bankrupt U.S. auto parts maker Tower Automotive in a deal valued at about $1 billion, the company said. Tower, a maker of autobody ...
LONDON (MarketWatch) -- Auto parts maker Tower Automotive on Wednesday filed for bankruptcy for its U.S. business, citing lower auto industry volumes and high steel prices among other culprits. Tower ...
NOVI, Mich., March 28 (UPI) -- Bankrupt U.S. auto parts maker Tower Automotive Inc. said Wednesday it would sell itself to private-equity firm Cerberus Capital Management LP for $1 billion. Tower's ...
Tower Automotive, Inc. (NYSE:TWR) today announced a series of organizational changes in its North American operations, including consolidating its North American product groups, making changes to its ...
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