SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Item 7.01 Regulation FD Disclosure.
Effective March 13, 2020, Meritor, Inc. (the Company), through a wholly-owned subsidiary, terminated its distribution arrangement pursuant to, and in connection with the exercise of its option under, the Purchase and Option Agreement (the Agreement) dated September 15, 2017, between a wholly owned subsidiary of the Company and a subsidiary of WABCO Holdings Inc. Pursuant to the Agreement, the amount paid to the Company in connection with the termination was $265 million.
The Agreement was filed as Exhibit 10-a to the Companys Current Report on Form 8-K on September 18, 2017. The information furnished in this Current Report on Form 8-K shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|Date: March 16, 2020||By:||/s/ Scott M. Confer|
|Scott M. Confer|
|Interim Chief Legal Officer and Corporate|