UPDATE 1-Dura emerges from bankruptcy protection

Newswire

(Adds details on recoveries, new board, background) DETROIT, June 27 (Reuters) - Auto parts supplier Dura Automotive Systems Inc said on Friday it completed its exit financing plans and has emerged from Chapter 11 bankruptcy protection. Dura, which filed for bankruptcy in October 2006 in Delaware, had planned to exit Chapter 11 protection by the end of last year, but ran into difficulty completing its exit financing because of the credit market turmoil. The Rochester Hills, ...

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