Visteon Corporation has acknowledged that it is studying a reorganisation proposal offered by its unsecured creditors as an alternative to one that would virtually transfer ownership of the company to its secured creditors. According to Automotive News, a spokesman for the supplier, which is currently in Chapter 11, says: "We Subscribe to Automotive World to … Continued
Visteon Corporation has acknowledged that it is studying a reorganisation proposal offered by its unsecured creditors as an alternative to one that would virtually transfer ownership of the company to its secured creditors. According to Automotive News, a spokesman for the supplier, which is currently in Chapter 11, says: "We
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https://www.automotiveworld.com/articles/80454-us-visteon-mulls-unsecured-creditors-proposal/
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