UPDATE 1-Highland, Pardus exploring Delphi investment


(Adds Delphi results for April) CHICAGO, May 31 (Reuters) - Highland Capital Management LP and Pardus Capital Management are exploring a potential investment to support U.S. auto parts supplier Delphi Corp.'s emergence from bankruptcy, Highland said on Thursday. Highland signed a confidentiality agreement with Delphi on May 25 to serve as a possible co-investor with Pardus in a business relationship with Delphi, it said in a filing with the U.S. Securities and Exchange Commission. ...

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