ALERT: A123 files for bankruptcy, plans to sell automotive battery business to JCI

BREAKING NEWS ALERT October 16, 2012

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A123 files for bankruptcy, plans to sell automotive battery business to JCI Dustin Walsh Lithium-ion battery maker A123 Systems filed for Chapter 11 bankruptcy protection today in U.S. Bankruptcy Court in Delaware and said Johnson Controls has agreed to acquire its automotive battery business.  story  Follow Automotive News

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