Fisker files Chapter 11, US recoups $25 mln in loan sale - Ward'...

11/22/13

Fisker files Chapter 11, US recoups $25 mln in loan sale
Ward's Auto (subscription)
By Deepa Seetharaman and Timothy Gardner DETROIT, Nov 22 (Reuters) - Fisker Automotive, the moribund maker of the Karma plug-in hybrid sports cars, agreed to sell itself to an investor group on Friday and filed for Chapter 11 bankruptcy protection.

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