Activist News – Wilbur Ross, HF Elliott among funds considering Delphi bid
From Reuters.com: Billionaire investor Wilbur Ross is among those considering a bid for the assets of bankrupt auto parts supplier Delphi Corp, two people with knowledge of the matter said on Thursday.
Hedge fund Elliott Management is also preparing a credit bid for Delphi, which was spun off by General Motors Corp in 1999, the sources said. The interest by both investors could complicate an effort by Delphi to complete...
|