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Replies to #902 on Lear Corp. (LEA)

twr1183

11/08/09 2:05 PM

#903 RE: joe_trader #902

Lear Corp. plans to emerge from bankruptcy protection Monday with a message from Chief Executive Bob Rossiter: "We are a tighter, leaner company that will never make some of the mistakes we made in the past."

The Southfield, Mich., company, which produces seats and electronics for automobiles, expects to emerge from bankruptcy court on Monday, just four months after it filed for protection under Chapter 11 of the U.S. Bankruptcy Code. Despite concerns voiced earlier in the year suggesting there would be no bankruptcy financing available for auto suppliers, Mr. Rossiter managed to line up creditors and lenders willing to ...
wich means that we will see gap up on monday ,,, good luck for all how bought shares on friday ,,,