Melrose Industries Shares Rise as GKN Civil Probe Nears End

3-line summary

• Melrose Industries shares rose more than 4% after the Orange County District Attorney's office filed paperwork to begin resolving a civil investigation related to GKN Aerospace's Garden Grove facility, according to Investing.com. The report did not detail the specific allegations involved.
• The company said it expects the Garden Grove facility to see a gradual return to full operating capacity in the fourth quarter. The announcement was made Tuesday, October 13.

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