INTERVIEW-UPDATE 1-Federal-Mogul says open to major deals

Newswire

* Has over $1 bln in cash, additional $500 mln in revolver * Can use as much as it needs of $1.5 bln for deals: CEO * CEO says can go to credit market for bigger deals By Soyoung Kim DETROIT, April 28 (Reuters) - Federal-Mogul Corp is open to making major acquisitions as its liquidity position has strengthened to more than $1.5 billion and the credit market has opened up, its chief executive said on Wednesday. Jose Maria Alapont told Reuters in an interview that he sees "a lot of ...

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