Daewoo Motor stalls

Article Abstract:

Daewoo Motor Co. will seek court protection from its creditors resulting in a delay for General Motors Corp. to acquire the $15.8 billion debt-ridden company. Daewoo Motor was forced to close a plant because it could not pay cash for delivery of components as demanded by suppliers.

Organizational history, Management, Transportation equipment industry

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Daewoo Motor's creditors are looking to an earlier bid

Article Abstract:

Daewoo's creditors reconsider a combined acquisition offer from General Motors and Fiat, after Ford withdrawals its interest in the car maker.

Italy, Motor vehicles and car bodies, Motor Vehicles, Automobile and Light Duty Motor Vehicle Manufacturing, Brief Article, Fiat S.p.A.

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Ford wins exclusive rights to negotiate to buy Daewoo

Article Abstract:

Ford beats out competitors to win Daewoo negotiation rights but faces a difficult task in its plans to acquire the company.

Illustration

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