Shocker: Takata Bidders Want Court Involved in Company’s Turnaround

The remaining bidders for the ailing Takata Corporation are insisting on a court-mediated turnaround for the airbag supplier's operations. Takata is in the midst of selecting a financial backer after incurring billions of dollars in costs to replace tens of millions of defective airbag inflators linked to a minimum of sixteen deaths. However, Takata has stated it would much prefer an […] The post Shocker: Takata Bidders Want Court Involved in Company's Turnaround appeared first on The Truth About Cars. from The Truth About Cars http://ift.tt/Jh8LjA