Investor to buy Collins & Aikman -Automotive News

Newswire

NEW YORK, May 29 (Reuters) - Collins & Aikman Corp. is likely to name Third Avenue Management LLC. as the successful bidder to buy and recapitalize the bankrupt auto interiors supplier, according to Automotive News. A deal of this kind would help the auto interiors supplier emerge from Chapter 11 bankruptcy protection, said the article in the May 29 edition, quoting sources familiar with the negotiations. The selection of Third Avenue as the sponsor to take Collins & Aikman out ...

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