Judge approves Dana deal with unions, Centerbridge

Newswire

CHICAGO, July 26 (Reuters) - Dana Corp said on Thursday a judge approved a modified investment plan with Centerbridge Capital Partners and contracts with two major unions that the auto parts maker needs to exit bankruptcy. U.S. Bankruptcy Judge Burton Lifland approved the $500 million Centerbridge plan and Dana contracts with the United Auto Workers and the United Steelworkers unions after changes to the original proposals resolved many objections. Dana, which filed for bankruptcy ...

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