Visteon lets Ford move stock warrant to Lehman

Newswire

CHICAGO, May 18 (Reuters) - Visteon Corp. said on Friday it will allow Ford Motor Co. to transfer a warrant for 25 million shares to Lehman Brothers that Ford had received when it agreed to a bailout of its former parts unit in 2005. Visteon entered the the agreement with a Lehman Brothers affiliate and Ford Thursday, it said in a federal regulatory filing. The bailout deal had prohibited such a transfer. Lehman also agreed to a restriction on its ability to enter into certain hedging ...

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