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End of a commodity, I mean era


Tecumseh Products Co. has announced its agreement to sell its engine and power train business to affiliates of Platinum Equity LLC for $51 million in cash. The company expects the deal to close during the fourth quarter of 2007. The Tecumseh, Michigan maker of compressors for HVACs will use the proceeds to payoff outstanding domestic […]

The Taxman cometh… and that right soon


As I plunder through the newspapers, magazines and various reading material strewn across my office, aside from the Holiday Shopping Season ads (I love to window shop, even through catalogs), I pick up on the annual tax commentaries that will pepper the news from now until the first of the year. I hate to regurgitate what […]