Eaton Corp.

Eaton to pay Meritor $500 million, avoid trial and possible $2.4 billion claim

2:48 pm U.S. ET | June 23, 2014
Eaton Corp. dodged a potential $2.4 billion damage claim from Meritor Inc. by agreeing to pay $500 million to head off a jury trial that was set to begin today in federal court in Wilmington....
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