Melrose Industries PLC

MRO: XLON (GBR)
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Melrose: Garden Grove Clarity Narrows Tail Risk, Driving Shares 10% Higher

Melrose's shares rose 10% on Aug. 25 after its GKN Aerospace business targeted Sept. 28 to resume full manufacturing at Garden Grove, the district attorney closed its criminal investigation without charges, and the company established a claims program of up to $100 million.

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