{"id":12734,"date":"2009-10-30T07:36:53","date_gmt":"2009-10-30T11:36:53","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=12734"},"modified":"2009-10-30T07:36:53","modified_gmt":"2009-10-30T11:36:53","slug":"delphi-reaches-settlement-with-appaloosa","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2009\/delphi-reaches-settlement-with-appaloosa.html","title":{"rendered":"Delphi reaches settlement with Appaloosa"},"content":{"rendered":"<p>AP &#8211; Delphi said Thursday that it reached a settlement in a lawsuit it filed last year against a hedge fund after it pulled out of a deal to lift the auto supplier out of bankruptcy protection.<\/p>\n<p>Delphi Spokesman Lindsey Williams confirmed Thursday that a settlement with Appaloosa Management LP had been reached, but said that the company isn&#8217;t releasing any details.<\/p>\n<p>Representatives for Appaloosa did not immediately return a call for comment.<\/p>\n<p>Appaloosa, run by Goldman Sachs alum David Tepper, led a group of investors in 2007 that agreed to inject as much as $2.55 billion into Delphi in exchange for stock, but the group withdrew from the deal in April 2008.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.google.com\/hostednews\/ap\/article\/ALeqM5jymaHRbG2w5GHbt124jLphg7VSOwD9BL0U3O0\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AP &#8211; Delphi said Thursday that it reached a settlement in a lawsuit it filed last year against a hedge fund after it pulled out of a deal to lift the auto supplier out of bankruptcy protection. Delphi Spokesman Lindsey [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-12734","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=12734"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12734\/revisions"}],"predecessor-version":[{"id":12736,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12734\/revisions\/12736"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=12734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=12734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=12734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}