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In September 2005, the Company transferred 23 of its North Americab facilities and certain other related assets andliabilities (the to Automotive Components Holdings, LLC (ACH), an indirect, wholly-owned subsidiarhy of the Company. On October 1, 2005, the Company sold ACH to Ford for cash proceedse ofapproximately $300 million, as well as the forgiveness of certaim other postretirement employee benefit liabilitied and other obligations relating to hourly employees associated with the Businessw and the assumption of certain other liabilities the ACH Transactions). ...
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