Friday, April 20, 2007

Highland still seeking meeting with Delphi

(Reuters) - In the filing, Highland said it had originally requested a meeting after "recent public disclosures" that a $3.4 billion plan led by Cerberus Capital Management LP and Appaloosa Management LP had hit an impasse.

Highland, which is Delphi's second-largest shareholder, also said it may have ongoing talks with other Delphi stakeholders as well as outside third parties, including financial institutions in the interim.


Read more at Reuters.com Mergers News

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