A Delaware bankruptcy judge has given final approval to the reorganization plan of failed battery maker A123 Systems Inc., which was the recipient of a $249 million Department of Energy grant. I suppose the next bankruptcy followed by a reorganization will yield the company name C789. What do you think?
Monday’s court hearing resolved minor outstanding issues following the sale of most of the company’s assets to the U.S. arm of Chinese auto parts conglomerate Wanxiang Group Corp. for nearly $257 million.
A unique Aston Martin DB4GT fetched a world record price of £3,249,500 on Saturday, as part of the Aston Martin Centenary Sale at Aston Martin Works. Every lot was sold for a total of over £10 million.
