US: Visteon shareholders lose examiner bid

Visteon shareholders have lost their bid for an investigation of whether managers are wrongly proposing to cancel the company's stock as part of a plan for the supplier to exit bankruptcy. A US Bankruptcy Court judge has denied a request by shareholders, including hedge-fund manager Davidson Kempner Institutional Partners LP, It’s time to log in … Continued

• By Webmaster
• May 13, 2010