EXCLUSIVE-UPDATE 2-Appaloosa group settles with Delphi-sources

Newswire

(Adds context, background) By Caroline Humer NEW YORK, Oct 29 (Reuters) - Hedge fund Appaloosa Management and other investors have settled a lawsuit with Delphi stemming from a failed and contentious plan to take the auto parts maker out of bankruptcy in 2008, sources with direct knowledge of the agreement said Thursday. Financial terms were not immediately available. The deal addresses one of the remaining issues that had followed Delphi through its emergence from bankruptcy earlier ...

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