Fight in Store over Bankrupt Battery Maker - 24/7 Wall St.

10/19/12


INAUTONEWS

Fight in Store over Bankrupt Battery Maker
24/7 Wall St.
Bankrupt U.S. battery maker A123 Systems Inc. (NASDAQ: AONE) today got permission from the U.S. Bankruptcy Court to use $15.5 million of “debtor-in-possession” financing from a total of $72.5 million in financing from Johnson Controls Inc. (NYSE: JCI).
Chinese auto parts maker vows to top Johnson deal for A123Reuters

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