Appalosa reports 22.5 million share stake in Dana

By Ted A. Knutson

Washington, March 7 - Appalosa Investment LP I reported a 22.5 million share stake in Dana Corp. Tuesday in a S13G filing with the Securities and Exchange Commission.

The holdings represent a 14.8% stake in the company.

Dana is a Toledo, Ohio-based supplier of components, modules and systems to global vehicle manufacturers and related aftermarkets.

Dana filed for bankruptcy Friday in the U.S. Bankruptcy Court for the Southern District of New York. Its Chapter 11 case number is 06-10354.

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