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NOT A SUBSCRIBER?Obama may push Delphi exitPosted on May 29, 2009 6:29 PM
Auto parts maker Delphi Corp. is reportedly considering a new strategy to end its more than three-year stay in bankruptcy protection.
Delphi, in Chapter 11 since October 2005, earlier this week asked for an extension until June 2 to file a plan of reorganization. The request fueled talk that the company, a unit of General Motors Corp. until 1999, is nearing a deal with GM, the government and key creditors on an exit plan. This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools. To request a demo, or, if you are an existing user to The Deal Pipeline, log in to your account, please scroll down and click the button. Dig deeper, with Pipeline.
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