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Bankruptcy Thursday

May 26, 2005

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Visteon Hits Skids

Corporate Restructuring: Ford Motor Co. plans to help its ailing former parts division and its 24 plants in the U.S. and Mexico. (Read More…)

Repeal of Puhca on the Way?

Regulatory: The agreement in the Senate would be a boost to pending utility mergers. (Read More…)

DLJ Seeks to Exit Mueller

Private Equity: The merchant bank will either sell or take public the Decatur, Ill.–based maker of fire hydrants. (Read More…)

Canadian Diocese to Reorganize

Bankruptcy: The St. George Roman Catholic diocese in Newfoundland will sell its holdings and pay abuse victims $10.4 million. (Read More…)

Good Technology Reaches $200M

Venture Capital: The five-year startup will earmark the funds for its challenge to BlackBerry maker Research in Motion. (Read More…)

Aussie Duo Takes Out Foodland

Deals: Woolworths and Metcash will pay at least $2.5 billion for rival Foodland’s Australian and New Zealand stores. (Read More…)

Mexico Girds for Steel Takeovers

Deals: Grupo Techint plans to buy Hylsamex, and Altos Hornos de Mexico is in talks with OAO Severstal. (Read More…)

Constellation Faces Deadline

Deals: The U.K.’s Takeover Panel grants the wine and beer company a month to bid for spirits maker Allied Domecq, which has already endorsed a merger with Pernod Ricard. (Read More…)


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