Icahn to sell Federal-Mogul to Tenneco for $5.4 billion
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Tenneco (TEN) PT Raised to $65 at RBC Capital on Federal-Mogul Deal, Upcoming Co. Split
April 11, 2018 6:57 AM EDTRBC Capital raised its price target on Tenneco (NYSE: TEN) to $65.00 (from $63.00) while maintaining a Sector Perform rating after the company agreed to acquire Federal-Mogul.
After transaction close in 2H18, TEN intends to create two separately traded public companies Aftermarket and Ride Performance... More
