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BRIEF-Sevcon and Borgwarner provide update on merger agreement termination fee
July 17, 2017 / 11:50 AM / 2 months ago

BRIEF-Sevcon and Borgwarner provide update on merger agreement termination fee

July 17 (Reuters) - Borgwarner Inc:

* Sevcon Inc , Borgwarner updates on merger agreement termination fee - sec filing

* Sevcon Inc, Borgwarner termination fee is $1.6 million if it becomes payable in connection with a superior proposal

* Sevcon Inc, Borgwarner reverse termination fee set at $4.8 million Source text - bit.ly/2u0Q1Rg Further company coverage:

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