A123 files for bankruptcy, inks asset sale to Johnson Controls - Biz...
10/16/12
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A123 files for bankruptcy, inks asset sale to Johnson Controls
Bizjournals.com (blog)
Lithium-ion battery and systems maker A123 Systems (Nasdaq:AONE) said Tuesday it will sell off its automotive business assets to Johnson Controls (NYSE: JCI), simultaneously filing for Chapter 11 bankruptcy protection in a deal valued at $125 million.
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Bizjournals.com (blog)
Lithium-ion battery and systems maker A123 Systems (Nasdaq:AONE) said Tuesday it will sell off its automotive business assets to Johnson Controls (NYSE: JCI), simultaneously filing for Chapter 11 bankruptcy protection in a deal valued at $125 million.