Friday, August 8, 2008

GM agrees to lend Delphi $300 mln more

A general view of the Delphi Flint East assembly plant in Flint, Michigan June 22, 2007. (Rebecca Cook/Reuters)
Reuters - Fri Aug 8, 6:10 AM ET

(Reuters) - General Motors Corp agreed to lend Delphi Corp a further $300 million as the automaker's former parts unit struggles to exit bankruptcy protection, courts papers show.

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