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updated 22:27, Wed December 26, 2007

Standard Motor Purchasing UK Wire and Cable Company to Combine With Existing Business

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NEW YORK (AP) -- Standard Motor Products Inc. said Wednesday it has agreed to acquire a small wire and cable company in the U.K.

The auto parts manufacturer did not disclose the name of the company or terms of the agreement.

Standard Motors said it would combine it with its existing U.K. wire and cable operations. Its engine management division makes and distributes wires and cables, according to its Web site. Standard's Intermotor business is based in the U.K.

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