Dana Corp asks Appaloosa for proposal by Sept. 21

Newswire

BOSTON, Aug 24 (Reuters) - Bankrupt auto parts supplier Dana Corp called on hedge fund Appaloosa Management LP, which earlier this week expressed interest in submitting an investment plan for the company, to submit its final offer by Sept. 21. Dana made the call in a filing with the U.S. Securities and Exchange Commission on Friday. It said that if the offer came in by that deadline, Dana would evaluate it the week of Sept. 24. (Reporting by Scott Malone)

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