(Reuters) - Delphi said on Monday that it expected to complete a new
equity plan and outline for creditor recoveries in its
bankruptcy by the end of July to replace the deal led by
Appaloosa and Cerberus Capital Management LP [CBS.UL].
Delphi, which filed for bankruptcy in October 2005, still
believes it can exit bankruptcy in 2007 and has set a board
meeting for Monday to consider the matters.
Read more at Reuters.com Bonds News
equity plan and outline for creditor recoveries in its
bankruptcy by the end of July to replace the deal led by
Appaloosa and Cerberus Capital Management LP [CBS.UL].
Delphi, which filed for bankruptcy in October 2005, still
believes it can exit bankruptcy in 2007 and has set a board
meeting for Monday to consider the matters.
Read more at Reuters.com Bonds News
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