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Samuel M. Livingston

Report: Takata Could File Bankruptcy Of U.S. Assets, But It Won’t Happen Soon

Weeks after Japanese parts maker Takata reportedly began mulling the idea of restructuring through a sale that could include a bankruptcy filing amid the prospect of being saddled with billions of dollars in costs the company faces linked to its massive shrapnel-shooting airbag debacle, we’re learning more about what exactly the bankruptcy prospect means.  [More]