Exide Bankruptcy, Lastest News

EXIDE BANKRUPTCY BREAKING NEWS: Loss of one of Exide’s biggest customers by volume may shake up company’s Chapter 11 reorganization plan

Exide Technologies Inc . said Wednesday it’s evaluating what the loss of one of its largest customers will do to financial projections that form the backbone of its Chapter 11 exit strategy.

In a filing with the Securities and Exchange Commission , the battery-maker said Chapter 11 plan papers filed this week rest on assumptions that are no longer valid….(SUBSCRIPTION REQUIRED)

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