State Farm

Carmakers, others fund research toward cars that talk to each other

A group of companies, including several large automakers, have joined a public-private research initiative to lay the groundwork for a system that wirelessly connects vehicles and helps smooth the flow of traffic, the University on Michigan said on Friday.

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Lone Star Funds acquires 23 buildings from State Farm Mutual Automobile Insurance Co

John Grayken's private equity company Lone Star Funds had bought 23 buildings from State Farm Mutual Automobile Insurance Co. Lone Star would be leasing the properties back to the insurer.

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