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Timken (TKR +7.4%) acquires Drives LLC, a maker of highly engineered drive chains and augers,...
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Wednesday, August 31, 2011, 10:54 AM ETTimken (TKR +7.4%) acquires Drives LLC, a maker of highly engineered drive chains and augers, for $92m in cash, furthering its efforts to build up its power-transmission line of business.
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