Battery Maker A123 Files for Chapter 11 Protection - All Things Digi...

10/16/12

Battery Maker A123 Files for Chapter 11 Protection
All Things Digital
Electric-car-battery manufacturer A123 Systems Inc., the recipient of nearly $250 million in government grants, filed for Chapter 11 bankruptcy protection Tuesday with a plan to sell its auto-business assets to auto-parts maker Johnson Controls Inc.

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