Borgwarner and delphi technologies enter into amendment to transaction agreement

Borgwarner and delphi technologies enter into amendment to transaction agreement.delphi technologies plc - remain on track to close in second half of 2020.delphi technologies plc - remain on track to close in second half of 2020.delphi technologies plc - borgwarner and delphi technologies enter into amendment to transaction agreement resolve alleged breach dispute.delphi technologies - amendment represents a resolution to borgwarner's assertion that co materially breached definitive transaction agreement.delphi technologies plc - under terms of amendment borgwarner consents to delphi technologies' recent draw down of its revolver.delphi technologies plc - under terms of amendment, borgwarner consents to co;s recent draw down of its revolver.delphi technologies - delphi technologies' shareholders will receive 0.4307 shares of borgwarner common stock for each delphi technologies share.delphi - amended agreement provides for new closing conditions that at deal closing, total amount of co's revolver borrowings do not exceed $225 million.delphi technologies plc - amended exchange ratio represents 5% reduction in exchange ratio relative to that contained in original agreement.delphi technologies plc - current borgwarner and delphi technologies shareholders would own approximately 85% and 15% of combined company.
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