Delphi bidder Platinum is denied expense payout
Old 07-03-2009   #1 (permalink)
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Lightbulb Delphi bidder Platinum is denied expense payout
A U.S. bankruptcy judge on Wednesday denied a request from auto supplier Delphi Corp. to pay private equity firm Platinum Equity up to $30 million in expense reimbursements if its bid for the company is topped. At a U.S.

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