NYSE approves Delphi new common stock listing

By Caroline Salls

Pittsburgh, March 20 - Delphi Corp. said the New York Stock Exchange, Inc. has approved the listing of reorganized Delphi's new common stock, which will be issued upon the company's emergence from Chapter 11 bankruptcy.

According to a company news release, Delphi intends to emerge from Chapter 11 bankruptcy as soon as possible after it satisfies the emergence conditions set in its confirmed plan of reorganization.

Delphi, a Troy, Mich.-based automotive electronics manufacturer, filed for bankruptcy on Oct. 8, 2005 in the U.S. Bankruptcy Court for the Southern District of New York. Its Chapter 11 case number is 05-44481.

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