AMHERST, N.Y. (May 10)—Mark IV Industries Inc. confirmed in a written release it is in discussions with London-based private equity firm BC Partners for the sale of the automotive/industrial hose and belt company. But in a telephone interview, Chairman Sal Alfiero stressed a deal is not a foregone conclusion. As it announced in January, Mark IV still is investigating all alternatives to create shareholder value, including further acquisitions, the sale of parts of the supplier or doing nothing at all, he said.
Mark IV in discussions to auction itself off
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