Carlisle companies to sell carlisle brake & friction

Scottsdale, ariz.--(business wire)--carlisle companies incorporated (nyse:csl) today announced the signing of a definitive agreement to sell carlisle brake & friction (cbf) to centromotion of waukesha, wisconsin in a transaction structured to provide carlisle the opportunity to receive $375 million, including receipt of $250 million cash at closing, subject to certain adjustments, and the right to receive an additional post-closing cash payment of up to $125 million based on cbf's achieveme
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