SQUAWK/NEWS
Account
Theme
Account
Menu
Live News MNA ARTICLE M impact

Gentherm to issue 2.9M shares in Modine spin-off deal

Gentherm plans to issue 2.9 million additional shares and declare a special dividend as part of its deal to merge with Modine’s spin-off.

MODTHRM

Modine's board plans to record the spin off its performance technologies business on Sept. 28, with the distribution of the spin-off's stock…