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Auto parts maker Delco Remy International Inc. said it has agreed to be acquired by a unit of financial services giant Citigroup Inc. for a sweetened price of $247 million. Citigroup’s Court Square Capital Ltd., a major shareholder, will pay $9.50 a share, up from its earlier offer of $8, for the stock it doesn’t already own. Delco Remy shares rose $1.31 to close at $9.46, a 52-week high, on the NYSE.
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