US: Mark IV Auto seeks buyer

According to a Reuters report, citing unnamed sources said to be familiar with the matter, Mark IV Automotive is seeking a buyer for the company and could fetch more than US$600m. The Troy, Michigan-based business, also known as Dayco, is reported to have had EBITDA of around US$110m on revenue of Subscribe to Automotive World … Continued

• By Webmaster
• July 20, 2011