{"id":5182,"date":"2006-10-23T00:00:00","date_gmt":"2006-10-23T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"delphi-shares-surge-amid-signs-of-emerging-bid","status":"publish","type":"post","link":"https:\/\/staging.hedgeco.net\/news\/10\/2006\/delphi-shares-surge-amid-signs-of-emerging-bid.html","title":{"rendered":"Delphi shares surge amid signs of emerging bid"},"content":{"rendered":"<p>MSN MoneyCentral -Shares in Delphi have surged in recent days amid signs of an emerging bid and possibly a takeover battle for control of North America&#8217;s biggest automotive parts maker.<\/p>\n<p>  At least four private equity and hedge funds are reportedly circling the Michigan-based company, which is in the throes of a court-supervised restructuring.<\/p>\n<p>  Appaloosa Management, a New Jersey-based hedge fund, has played an active role in the restructuring since acquiring a 9 per cent equity stake shortly after Delphi filed for Chapter 11 protection  last October.<\/p>\n<p>  Another fund, Harbinger Capital Partners, has disclosed an equity stake of close to 5 per cent.<\/p>\n<p><a href=\"http:\/\/moneycentral.msn.com\/inc\/news\/providerredir.asp?feed=FT&amp;Date=20061023&amp;ID=6124480\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MSN MoneyCentral -Shares in Delphi have surged in recent days amid signs of an emerging bid and possibly a takeover battle for control of North America&#8217;s biggest automotive parts maker. At least four private equity and hedge funds are reportedly [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5182","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5182","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5182"}],"version-history":[{"count":0,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5182\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}