UPDATE 1-American Axle in talks with lenders, stock jumps

Newswire

* Shares jump 50 pct on day ahead of waiver deadline * Company in active discussions with lenders-spokesman * Call options heavily traded By David Bailey DETROIT, July 29 (Reuters) - American Axle & Manufacturing Holdings Inc said on Wednesday it remains in active discussions with its lenders a day before the expiration of a waiver on the terms of its revolving credit facility. "The discussions we have with our lenders are ongoing and there is nothing new at this time for me to ...

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