Appaloosa wants nondisclosure deal with Dana Corp.

Newswire

CHICAGO, June 22 (Reuters) - Appaloosa Management LP said on Friday it wants to enter into a confidentiality agreement with bankrupt car and truck parts maker Dana Corp. to determine whether its equity has value. Dana has denied Appaloosa's requests to enter into such an agreement though it has extended confidentiality to others as it begins to prepare a business plan, Appaloosa said. It holds 22.5 million shares, or 14.98 percent, of Dana stock. Access to the non-public information ...

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