Federal-Mogul's long history grew bumpy in recent years

After a long and sometimes checkered history of navigating asbestos litigation and bankruptcy, and struggling to regain profitability, longtime auto supplier Federal-Mogul is slated to be acquired by Tenneco in a deal valued at $5.4 billion.

from Automotive News Breaking News Feed https://ift.tt/2qnFb4S via Falls Church auto repair