(Updates with Delphi comment, adds NEW YORK to dateline) NEW YORK, June 23 (Reuters) - Hedge funds that provided bankrupt U.S. auto-parts maker Delphi with debtor-in-possession (DIP) financing do not have access to the company's books, hindering their ability to make a takeover offer, the New York Post reported on Tuesday, citing a person familiar with the situation. The lenders are led by hedge fund Elliott Associates, the paper said. If they do not get access to Delphi's books soon, ...
Premium Content (PAID Subscription Required)
"UPDATE 1-No access to Delphi's books for bidders-paper" 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:
All of WardsAuto's reliable, in-depth industry reporting and analysis
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!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642