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Delphi Signs Master Sale Agreement for Its Global Steering and Halfshaft Business

By admin - Posted on December 14th, 2007
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- Delphi Files Motion To Request Hearing With U.S. Bankruptcy Court
- Steering Solutions Corporation, a wholly owned entity of Platinum Equity, LLC, is named lead bidder in the sale of Delphi Corporation's global steering division

December 11, 2007, TROY, MICH. -- Delphi Corporation (PINKSHEETS: DPHIQ) has entered into a master sale and purchase agreement with Steering Solutions Corporation, a wholly owned entity of Platinum Equity, LLC, for the sale of its global steering and halfshaft businesses.

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