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

Started by riky, April 04, 2008, 10:01:39 PM

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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 - Appaloosa Management LP said on Friday
it terminated a $2.55 billion equity investment plan to support
Delphi Corp , dealing a blow to the auto parts
maker's planned exit from bankruptcy and to former Delphi
parent General Motors Corp .</p><br clear="all"/>


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