Battery firm files for bankruptcy, inks asset sale to Johnson Contro...
10/16/12
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Battery firm files for bankruptcy, inks asset sale to Johnson Controls
Bizjournals.com
Lithium-ion battery and systems maker A123 Systems said Tuesday it will sell off its automotive business assets to Glendale-based Johnson Controls Inc., simultaneously filing for Chapter 11 bankruptcy protection in a deal valued at $125 million.
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Bizjournals.com
Lithium-ion battery and systems maker A123 Systems said Tuesday it will sell off its automotive business assets to Glendale-based Johnson Controls Inc., simultaneously filing for Chapter 11 bankruptcy protection in a deal valued at $125 million.