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Visteon's $1.9 million private sale of Radar ECU assets approved
By Lisa Kerner
Charlotte, N.C., Jan. 21 - Visteon Corp.'s request to sell its Radar ECU assets to Autoliv ASP, Inc. for $1.9 million in a private sale was approved, according to a Thursday filing with the U.S. Bankruptcy Court for the District of Delaware.
Visteon, a Van Buren Township, Mich., global automotive supplier, filed for bankruptcy on May 28, 2009. Its Chapter 11 case number is 09-11786.
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