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Exide Could Go Up for Sale If Bankruptcy Deal Isnt Reached

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Ailing battery maker Exide Technologies could be up for sale before Christmas if it can't come to terms with key creditors on a chapter 11 bankruptcy-exit plan, Dow Jones Daily Bankruptcy Review reported today. Lenders have agreed to extend the maturity date on bankruptcy financing, but required Exide to agree to an "orderly sale process" if it can't finalize a plan-support agreement by Nov. 17, according to court papers filed on Monday.