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Delphi Restructuring A Key To The Industry?

470 messages, Last post on Jan 10, 2008 at 3:43 AM
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Replying to: rockylee (Apr 25, 2007 10:40 pm) DETROIT -- A key investor in Delphi Corp .'s plan to exit bankruptcy protection says it has not pulled out of the deal as expected by the troubled auto parts supplier. Delphi officials said April 19 that the company had been told that Cerberus Capital Management LP would leave a consortium of investors who would pump up to $3.4 billion into the company in exchange for new shares of Delphi stock. Nearly a week later, Cerberus spokeswoman J.J. Rissi in New York said that has not happened. "There has not been any decision made," she said Wednesday. Rocky |
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Union's proposal to end stalemate over wages, benefits at auto supplier could come this week. http://www.detnews.com/apps/pbcs.dll/article?AID=/20070501/AUTO01/705010334/1148- Well maybe something positive is going to happen finally ? -Rocky |
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The proposal on labor costs comes as Cerberus Capital Management pulls out of group deal. http://www.detnews.com/apps/pbcs.dll/article?AID=/20070503/AUTO01/705030371/1148- /AUTO01 -Rocky |
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http://www.detnews.com/apps/pbcs.dll/article?AID=/20070508/AUTO01/705080337/1148- jae5, have you heard anything yet on Delphi ???? -Rocky |
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Talked to my step-dad and he doesn't know who is going to buy them ?????........ -Rocky |
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http://www.detnews.com/apps/pbcs.dll/article?AID=/20070718/UPDATE/707180431/1148- /rss25 Looks like Delphi, will soon pull out of bankruptcy. -Rocky
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Replying to: rockylee (Jul 18, 2007 4:21 pm) |
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GM-Delphi Deal
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Replying to: jae5 (Sep 07, 2007 2:34 pm) thanx for the update pal. -Rocky
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Replying to: rockylee (Sep 07, 2007 9:22 pm)
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