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PBGC Objects To Metaldyne Chassis Asset Sale

By Brendan Pierson (July 30, 2009, 12:16 PM EDT) -- The Pension Benefit Guaranty Corp. has objected to Metaldyne Corp.'s plan to sell its principal chassis operations, saying Metaldyne's proposed sale order appears to allow the supplier to sell nondebtor assets free and clear of liens....

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