Delphi, Appaloosa-led investor group settle suit-sources

Newswire

NEW YORK, Oct 29 (Reuters) - Delphi, the auto-parts maker that emerged from a four-year bankruptcy earlier this month, has settled a lawsuit with a group of investors led by hedge fund Appaloosa Management, according to sources familiar with the situation. The group backed out of a $2.5 billion financing deal in 2008 that would have brought Delphi out of bankruptcy, and Delphi subsequently filed suit against them. The sources said the settlement had taken part in the past week and that ...

Premium Content (PAID Subscription Required)

"Delphi, Appaloosa-led investor group settle suit-sources" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

May 5, 2016
Video
WardsAuto

Nissan Maxima: Judging for 2016 Wards 10 Best Interiors

The Nissan Maxima, evaluated by editor Steve Finlay, is a 2016 Wards 10 Best Interiors winner....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×