Chinese company Wanxiang wins auction for bankrupt battery maker A12...

12/09/12

Chinese company Wanxiang wins auction for bankrupt battery maker A123 ...
Washington Post
NEW YORK — Bankrupt battery maker A123 Systems Inc. on Sunday said it will sell most of its assets to the U.S. arm of Chinese auto parts conglomerate Wanxiang Group Corp. for $256.6 million. Wanxiang America Corp. won an auction conducted under the ...

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