Friday, May 29, 2009

Delphi in Talks to Emerge From Bankruptcy - NYTimes.com

 

delphi gmc

Delphi won permission on Thursday from a bankruptcy court judge to delay a crucial hearing on its restructuring plan until Tuesday, one day after G.M. is expected to file for bankruptcy

As part of Delphi’s reorganization, G.M. has agreed to take back five Delphi plants, although the terms of that transaction have not been settled.

Click on the following for the rest of the story:  Delphi in Talks to Emerge From Bankruptcy - NYTimes.com

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