CHASE <CMB> BUYS BORG-WARNER <BOR> UNIT
Chase Manhattan Corp said Chase
Trans-Info, a subsidiary of its Chase Manhattan Bank N.A. unit,
has bought Borg-Warner Corp's Traffic Services business,
including an Illinois processing center, for an undisclosed
sum.
    Borg Warner Traffic Services provides freight bill
pre-audit, payment and information services to industry through
Borg-Warner Acceptance Corp.
    Chase Trans-Info, which offers similar services, is now the
largest provider of information services for the transportation
industry.
 Reuter
