Rochester, NY 7/14/2009 10:39:41 PM
AXL - American Axle & Manufacturing Holdings Inc. Works with Law Firm to Reconstruct Bankruptcy
American Axle & Manufacturing Holdings, Inc.
AMER AXLE&MFG HLDS, AXL
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American Axle & Manufacturing Holdings Inc is working with legal advisers as it considers restructuring options including bankruptcy, two people familiar with the matter told Reuters. The company, a key parts supplier to General Motors Corp, is working with the law firm Shearman & Sterling as it considers debt restructuring options amid depressed auto sales and weak production, according to the sources.
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