WRAPUP 4-GM bankruptcy looms after upping bondholder deal

Newswire

* GM bankruptcy looms as bondholders OK sweetened deal * Bondholders to get bigger piece of GM * Germany blames U.S. for lack of Opel deal * Visteon files for Chapter 11 in U.S. (Recasts first sentence, adds details of GM bondholder deal) By Thorsten Severin and Kevin Krolicki BERLIN/DETROIT, May 28 (Reuters) - General Motors Corp took a major step toward going through the kind of bankruptcy it favors by persuading major bondholders to accept a sweetened deal, even as talks to sell ...

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