Johnson Controls Appeals A123 Bankruptcy Sale to Wanxiang - Bloomber...

12/17/12


Washington Times

Johnson Controls Appeals A123 Bankruptcy Sale to Wanxiang
Bloomberg
U.S. Bankruptcy Judge Kevin Carey approved the sale at a Dec. 11 hearing in Wilmington, Delaware, saying “the auction was robust, the price is adequate.” Wanxiang beat a joint bid from Milwaukee-based Johnson Controls and Tokyo-based NEC Corp.
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