UPDATE 1-GM asks for seat on Delphi's creditor committee


(Adds byline, company quote, updates stock price) By Jui Chakravorty DETROIT, Feb 22 (Reuters) - General Motors Corp. is asking for a seat on the creditors committee of former subsidiary, bankrupt Delphi Corp. , as it tries to reach a settlement with the auto parts supplier and its unions to avert a costly strike. The Delphi creditors committee has the power to negotiate a reorganization plan for the Troy, Michigan-based auto parts supplier and a spot on the committee would provide ...

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