Dana Corp hires restructuring firm - WSJ

Newswire

NEW YORK, Feb 24 (Reuters) - Auto-parts maker Dana Corp. has hired restructuring firm Miller Buckfire & Co. as it grapples with financial losses and operational problems, the Wall Street Journal reported on Friday, citing people familiar with the matter. Miller & Buckfire is considered among the top tier of restructuring specialists, along with operations like Blackstone Group. Shares in Dana Corp. sank as much as 31 percent during trading on Thursday amid investor fears that ...

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