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One of those parents, Meritor Transmission, is itself a subsidiary of Meritor Inc. (MTOR).
FORBES: Antitrust Consensus Shifting As Courts Weigh Impact Of Monopolists And Predators
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In fall 2003 an industry rival, Meritor, launched a hostile takeover attempt, which failed.
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In 1989, Meritor entered the fray, offering manual transmissions for linehaul trucks, a subset of the HD market.
FORBES: Antitrust Consensus Shifting As Courts Weigh Impact Of Monopolists And Predators
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Other competitors in the consumer cyclical sector include: Dana Holding Corporation (DAN), Meritor (MTOR), and Enova Systems, Inc. (ENA).
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In some important ways the Meritor case, as lawyers say, is sui generis.
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In some important ways the Meritor case is unique.
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That would be a windfall for Meritor shareholders.
FORBES: An Old Case Haunts The FDIC's Bank-Closers
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By 1999, when Meritor transferred its transmissions business into the joint venture ZF Meritor, it had approximately 17 % of the market for HD as a whole, which was 30% of that for linehaul truck transmissions.
FORBES: Antitrust Consensus Shifting As Courts Weigh Impact Of Monopolists And Predators
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Eaton was successful in locking customers in with these deals, and Meritor shifted its own strategy away from the truck makers toward their customers, seeking to make sales of its transmissions directly to the owners of truck fleets.
FORBES: Antitrust Consensus Shifting As Courts Weigh Impact Of Monopolists And Predators