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Icahn to gain full control of Federal-Mogul with $300 million deal

Billionaire investor Carl Icahn, after nearly a year of posturing with Federal-Mogul's shareholders, will take full ownership of the diversified auto parts supplier in a roughly $300 million deal.

Winterkorn denies early knowledge of VW diesel emissions cheating
UPDATED: 1/19/17 9:45 am ET -- adds gallery

Former VW Group CEO Martin Winterkorn told German lawmakers he did not know about the company's systematic emissions cheating earlier than VW has

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