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Appaloosa backs out of Delphi deal in blow to GM (Reuters)

Started by riky, April 05, 2008, 01:01:27 AM

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riky

Appaloosa backs out of Delphi deal in blow to GM
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - Investors led by Appaloosa Management
backed out of a $2.55 billion equity deal to support Delphi
Corp's  emergence from bankruptcy on Friday, dealing
a blow to General Motors Corp  and its goal of putting
the problems of its former parts subsidiary behind it.</p><br clear="all"/>


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