UPDATE 1-Hearing on Delphi investment postponed


(Changes attribution, adds details) NEW YORK, Dec 26 (Reuters) - A key hearing in the Delphi Corp. bankruptcy case has been postponed, allowing more time for critics to prepare arguments against the company's proposed $3.4 billion bankruptcy-emergence deal with a group of investors led by Appaloosa Management LP. Bankruptcy Judge Robert Drain changed the hearing date to Jan. 11 from Jan. 5, according to a company Web site dedicated to the bankruptcy case. The delay followed an ...

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