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briefs.

Publication: Automotive News
Publication Date: 09-MAR-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: briefs.(Ford Motor Co. wants to reduce its debt)(Jamie Auffenberg of O'Fallon and Belleville acquitted of criminal charges)(JM Family Enterprises Inc has dismissed 500 employees )

Article Excerpt
Ford seeks to reduce $10.4 billion in debt

DETROIT Ford Motor Co. wants to reduce as much as $10.4 billion in debt by swapping company stock and cash with debt holders.

The terms, announced last week, are consistent with those that the federal government is requiring of General Motors and Chrysler LLC for $17.4 billion in approved...



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