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Collins & Aikman enters agreement with IAC NA
Collins & Aikman is set to sell its Soft Trim business to International Automotive Components Group North America Inc., as part of the company's bankruptcy proceedings. "The sale of our Soft Trim business is one of the most important elements of our efforts to maximize creditor recoveries and preserve jobs for Collins & Aikman employees," said C&A chief restructuring officer John Boken.  AftermarketNews.com (4/23)