Date: 2013-08-01

Dana Corporation Files Plan of Reorganization

Dana Corporation Files Plan of Reorganization


Dana Corporation (OTCBB: DCNAQ) announced today that the company and its debtor subsidiaries have submitted a proposed Plan of Reorganization and related Disclosure Statement to the United States Bankruptcy Court for the Southern District of New York.

The Plan of Reorganization outlines how Dana proposes to emerge from Chapter 11, including the proposed treatment of creditors and equity holders. The Plan contemplates an investment of up to $750 million in new convertible preferred stock in the reorganized Dana. The Disclosure Statement contains a discussion of the issues that led to the Chapter 11 filing, a description of the Plan provisions, and an analysis of the Plan

Previous: Ingalill Ostman Appointed Senior Vice President SKF Group Communication
Next: Roller Chain Offers Low Friction

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
RF52 bearing	25.4	82.55	46.04
RF48 bearing	25.4	76.2	46.04

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.