American Axle to face new risks after Metaldyne grab #DetroitNews

Dustin Walsh - American Axle & Manufacturing Holdings Inc.'s bold move to acquire Metaldyne Performance Group Inc. in a $3.3 billion deal is an operational win. The merged companies will generate nearly $7 billion in revenue and reduce American Axle's reliance on its largest customer, General Motors Co. But at what cost? Local experts say the deal was expensive and carries new financial risk, along with the addition of new, potentially challenging board room dynamics for the company led by the late

from Latest News - Crain's Detroit Business