Wednesday, May 25, 2016

Takata Will Restructure and Seek Cash Amid Air-Bag Recalls

Takata hired restructuring bankers to seek a cash infusion and negotiate with auto makers on mushrooming costs from rupture-prone air bags linked to 11 deaths and more than 100 injuries globally.

from WSJ.com: US Business http://ift.tt/1Xxzig6
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