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US: Delphi creditors support reorganisation plan

The supplier has announced that 81% of all voting creditors across all classes have voted in favour of the company’s reorganisation plan. The plan calls for most unsecured creditors to receive full payment through new stock and rights to buy stock at a discount. It also gives existing stockholders newly ...

The supplier has announced that 81% of all voting creditors across all classes have voted in favour of the company’s reorganisation plan.

The plan calls for most unsecured creditors to receive full payment through new stock and rights to buy stock at a discount. It also gives existing stockholders newly …

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