Court gives Delphi extensions on GM, pension deals

Newswire

DETROIT, March 31 (Reuters) - A U.S. Bankruptcy Court judge on Monday gave auto parts maker Delphi Corp more room to complete its reorganization by allowing it to extend looming deadlines on agreements with General Motors Corp and the Internal Revenue Service. Delphi, which filed for bankruptcy in October 2005, has been struggling to wrap up exit financing for a reorganization plan confirmed by the bankruptcy court in New York in January because of tight U.S. credit markets. Troy, ...

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