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and Exchange Commission , the battery-maker said Chapter 11 plan papers filed this week rest on assumptions that are no longer valid….(SUBSCRIPTION REQUIRED)