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Alliance Tire's main stockholder seeks to sell shares

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Alliance Tire Co.'s majority stockholder, Fishman Holdings, has signed a deal to sell its shares to an investment group.

Fishman Holdings' shares equal $48 million. It entered into a 10-week due diligence process with the unidentified buyer last week.

Hadera, Israel-based Alliance Tire manufactures farm and other specialty tires.

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