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Business

HIGHLAND CAPITAL GETS THE HEISMAN

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Car-part maker Delphi has been strug-gle-ing. Dallas hedge fund Highland Capital, the second-largest shareholder, made a buy-out offer and laid out a plan to get Delphi out of bankruptcy. Sounds great, except the largest shareholder made an offer, too. Even though it was for less money, Delphi is going for the non-Highland choice.

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