TITLE

Maybe this time GDX Automotive found a real home

PUB. DATE
October 2007
SOURCE
Rubber & Plastics News;10/29/2007, Vol. 37 Issue 7, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Editorial
ABSTRACT
The article comments on Cerberus Capital Management LP's bail-out of its ownership of GDX Automotive. It has been stated that Cerberus did it at a time when a number of American automotive suppliers were in or heading to the shelter of Chapter 11 bankruptcy protection. Cerberus took the risk because given enough time, a good business plan and a bit of luck, the payoff could be huge when it eventually sold GDX.
ACCESSION #
27447949

 

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