ArvinMeritor to spin off its LVS business

June 2008
Trailer / Body Builders;Jun2008, Vol. 49 Issue 8, p16
Trade Publication
The article reports on the approval by ArvinMeritor Inc.'s board of directors of a plan to spinn off its Light Vehicle System (LVS) business to ArvinMeritor shareholders, with the Commercial Vehicle Systems (CVS) business remaining with ArvinMeritor. The plan would be implemented through a pro rata tax-free dividend to ArvinMeritor shareholders. Upon the completion of the planned spinoff, ArvinMeritor shareholders will own 100 percent of Arvin Innovation's common stock.


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