After 4 years, Delphi emerges from Chapter 11 as new company

By AP
Tuesday, October 6, 2009

Delphi emerges from Chapter 11

NEW YORK — Auto supplier Delphi says it’s emerging from bankruptcy protection nearly four years to the day it filed for Chapter 11.

Troy, Mich.-based Delphi Holdings LLP says it has acquired most of the old company’s core businesses as part of it’s plan to restructure and exit court oversight.

Rodney O’Neal will remain the company’s president and CEO.

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