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Visteon CEO, Stebbins, resigns

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Visteon Corporation, the auto-parts maker that’s been the subject of takeover speculation, climbed yesterday to the highest value in more than two months after Chief Executive Officer Don Stebbins’s departure fueled interest in a deal between the company and South Korea’s Mando Corporation. Bloomberg reported that Visteon advanced 8.3 per cent on Monday to $42.01... [Read More...]

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