The deal, which cost Siegler five shares for each seven Lear shares, nearly doubled the company's sales – from $96.2 million in 1961 to $190.8 million by the end of 1962.
The agreement, involving a share exchange ratio of five to seven, substantially boosted the company's sales – from $96.2 million in 1961 to $190.8 million at the end of 1962.