DANA and Eaton's Mobility business are merging in a deal valued at approximately $5.1 billion. The transaction will be structured as a reverse Morris trust, with Eaton shareholders expected to own at least 50.1% of the combined entity. Eaton will receive about $1.1 billion in cash as part of the agreement. AI
RANK_REASON Merger of two significant automotive suppliers. [lever_c_demoted from significant: ic=1 ai=0.0]
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