SEOUL — Alan Perriton, General Motors Corp.'s chief negotiator to acquire bankrupt Daewoo Motor Co. Ltd., has been taken aback by the hardball tactics of the Korean automaker's chief creditor bank, sources tell Ward's Automotive International. GM executives met with the Daewoo-Korea Development Bank (KDB) negotiating team in Hong Kong during the second week of June (see WAI Update — June '01, p.1). The meeting was to be an all-out negotiating session that was to continue until a detailed ...
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