Cash Technologies Inc.

TAP Holdings, a subsidiary of Los Angeles-based Cash Technologies Inc., will sell most of its remanufactured carburetors business to Champion Parts Inc. of Hope, Ark. for up to $11 million in cash and debt. When the deal closes, TAP Holdings will shut its L.A. factory and fire any remaining employees.

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Publication:	Los Angeles Business Journal
Article Type:	Brief article
Date:	Sep 11, 2006
Words:	51
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Topics:	Automobile equipment and supplies industry Mergers, acquisitions and divestments Automotive parts industry Mergers, acquisitions and divestments Machinery industry Mergers, acquisitions and divestments Subsidiaries, divisions and units

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