Pardus buys 1 million shares of Visteon

By Lisa Kerner

Charlotte, N.C., June 12 - Visteon Corp. investors led by Pardus Capital Management LP bought 1 million shares of the company's stock between June 6 and June 8, priced from $7.81 and $8.06 per share.

The reporting persons beneficially own 23,500,000 shares, or 18.13%, of the company's outstanding stock, according to a schedule 13D filing with the Securities and Exchange Commission.

Visteon is a Van Buren Township, Mich., automotive systems and technology supplier.

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