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Friday, February 01, 2013
The Two-Way
Taxi! Chinese Company Finds Fair Deal In London Cab Maker
February 1, 2013 The iconic black cabs of London got a lift Friday when a Chinese company rescued the British automaker that manufactures the taxis. Zhejiang Geely Holding Group said it will pay $17.5 million to buy Manganese Bronze Holdings, which has been making the cabs since 1899.