(Recasts, adds background, details) CHICAGO, Feb 28 (Reuters) - U.S. auto parts maker Delphi Corp. and an investor group will stick with a $3.4 billion bankruptcy emergence plan for at least two weeks beyond a deadline triggered by failure to reach deals with General Motors Corp. and its unions, Delphi said on Wednesday. Delphi and the investor group led by Cerberus Capital Management LP and Appaloosa Management LP previously had to decide by Wednesday whether to terminate the deal ...
Premium Content (PAID Subscription Required)
"UPDATE 1-Delphi, investors extend termination rights" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.