Hedge Funds Press for Value in Visteon Stock
A group of hedge fund investors challenges Visteon's new reorganization plan. They assert that the amended plan “completely ignores the true value” of the company.
Stephen Taub
March 29, 2010
FILE - In this file photo taken Aug. 1, 2007, a Visteon sign is shown outside the company's headquarters in Van Buren Township, Mich. Auto parts supplier Visteon Corp. said Thursday, May 28, 2009, it _ along with some of its U.S. units _ has filed for Chapter 11 bankruptcy protection, as the company struggles with reduced demand from automakers amid plans for extended plant shutdowns this summer. (AP Photo/Paul Sancya, File)
Paul Sancya/AP
