Beleaguered battery maker A123 snapped up by Wanxiang Group
By John Ollett
Published: Wednesday, 12 December 2012
Government contracted business to remain in the US; price tag lower than bailout
Bankrupted, bailed out and beleaguered US lithium-ion
battery maker A123 Systems is to be sold to the US arm of
Chinese battery and auto parts maker Wanxiang Group for
$256.6m....