- Takata Sold to Key Safety Systems for $1.6 Billion
Several months after filing for bankruptcy protection, Takata has reached a final buyout deal. Key Safety Systems, a global supplier of auto safety parts, will acquire the troubled airbag company for $1.6 billion. ...
Kelly Pleskot. Motor Trend. Tue, 21 Nov 2017 17:00:00 +0000.
- Key Safety Systems signs deal to acquire Takata for $1.6 billion
Key Safety Systems said it signed the long awaited definitive agreement to acquire Takata for $1.6 billion. The announcement comes weeks after the formal deal was submitted in bankruptcy court.
AutoNews.com. Tue, 21 Nov 2017 08:47:30 EST. Subscription may be required.
- Key Safety Systems files deal to buy embattled airbag supplier Takata
Key Safety Systems reached a final deal to acquire supplier Takata out of bankruptcy resulting from exploding airbag system parts linked to at least 17 deaths.
AutoNews.com. Sat, 4 Nov 2017 16:57:43 EST. Subscription may be required.
- Takata: Airbag-maker files for bankruptcy
Japanese firm faces billions of dollars of liabilities linked to the biggest ever automotive recall.
BBC News. Mon, 26 Jun 2017 06:14:15 GMT.
- Takata shares suspended ahead of expected bankruptcy
The airbag-maker faces billions of dollars in liabilities after the biggest ever automotive safety recall.
BBC News. Fri, 16 Jun 2017 01:25:41 GMT.
- Karma Automotive Begins Shipping $130,000 Revero Plug-In Hybrid To Eight U.S. Dealerships
Rescued from bankruptcy by a Chinese investor, the luxury hybrid company started by Henrik Fisker is getting a second chance.
By Jaclyn Trop, Contributor. Forbes. Fri, 19 May 2017 08:20:00 -0400.
- State AGs Probe Asbestos Bankruptcy Trusts To Recover Medicare Payments
Republican AGs borrow a page from their liberal colleagues and sue asbestos trusts for information about money they paid to Medicare and Medicaid beneficiaries.
By Daniel Fisher, Forbes Staff. Forbes. Mon, 20 Mar 2017 10:19:00 -0400.
The word bankruptcy is a noun. Bankruptcy means (1) a legal process intended to insure equality among the creditors of a corporation declared in bankruptcy, (2) inability to discharge all your debts as they come due, (3) a state of complete lack of some abstract property.
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