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Reuters: Delphi says GM help "only path" to financing

Started by chris, March 07, 2008, 10:01:03 PM

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chris

Delphi says GM help "only path" to financing
      


NEW YORK (Reuters) - A plan by General Motors Corp  to provide additional loans to auto parts maker Delphi Corp  is key to the company's ability to secure financing and does not violate the terms of its bankruptcy emergence plan, a lawyer for Delphi argued in court on Friday.
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