Chrysler Bankruptcy Looms as Debt Talks Falter – DealBook Blog …

Posted on April 30, 2009 by

To win over several hedge funds, which have been holding out for better terms, the Treasury increased its cash offer to holders of Chrysler’s secured debt by $250 million, to $2.25 billion, The Times said.

Continued here:
Chrysler Bankruptcy Looms as Debt Talks Falter – DealBook Blog …