Is Delphi's bankruptcy a strategy for growth?
Opposition to Delphi's strategy not only included union reps, but several state senators as well. Senator Evan Bayh and Representative John Conyers, Jr. have introduced new legislation to include the oversea facilities for consideration by the bankruptcy courts. But the biggest influence to the supplier's strategy may be General Motors, as a union strike would affect the automaker as well as Delphi.
More analysis can be found at the link.
[Source: Business Week]
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