Delphi may sell assets to emerge from Chap 11-NYT


May 29 (Reuters) - Auto parts supplier Delphi Corp may soon emerge from bankruptcy with the Obama administration's autos industry taskforce pushing for a sale of its assets, possibly to another parts supplier or an investment firm, the New York Times said, citing people briefed on the matter. Delphi, which has operated in bankruptcy since 2005, can also see some of its assets getting re-acquired by General Motors , the people told the paper. Delphi was originally spun off from GM. The ...

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