Exide Reveals Restructuring Proposal To Cut $700M In Debt
By Matt Chiappardi ( July 2, 2014, 4:22 PM EDT) -- Battery maker Exide Technologies Inc. told a Delaware bankruptcy judge Wednesday that it has received a plan-of-reorganization proposal from a group of noteholders that would deleverage the debtor by about $700 million and includes a $300 million new equity investment....
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