The Wall Street Journal: Air-bag Maker Takata Files For Bankruptcy Protection

Takata Corp. filed for bankruptcy protection in Japan and the U.S. and said it would sell most of its operations to a rival, capping the steep decline of an 84-year-old Japanese company nearly nine years after it began a global recall of rupture-prone automotive air bags.

Topics:  corp   u.s    japanese   takata   bankruptcy protection   

 

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