Fisker's Plan to Sell Hybrid Tech Group Leaves Little for Creditors

Fisker Automotive Inc.'s plan to sell its assets to Hybrid Tech Group LLC, a company owned by one of the hybrid car maker's original investors, leaves little recovery for most creditors and seeks to skirt the normal bankruptcy-auction process. The proposed sale also leaves open the question of what will happen to the former General Motors Co. plant in Delaware that Fisker purchased in 2010.



from WSJ.com: US Business http://online.wsj.com/article/SB10001424052702304465604579220192661755918.html?mod=pls_whats_news_us_business_f

via IFTTT