Meritor, Inc. (NYSE: MTOR) today announced that the distribution agreement between Meritor and a subsidiary of WABCO Holdings, Inc. has been terminated, effective March 13, 2020.
Meritor, Inc. (NYSE: MTOR) today announced that the distribution agreement between Meritor and a subsidiary of WABCO Holdings, Inc. has been terminated, effective March 13, 2020. Meritor was paid $265 million in connection with the termination of the agreement.
Source: MERITOR
https://www.automotiveworld.com/news-releases/meritor-announces-termination-of-distribution-agreement-with-wabco-holdings-subsidiary/
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