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A123 Systems to Receive $50 Million in Bankruptcy Financing

Bloomberg Businessweek reported that after receiving final approval from a Delaware-based judge, lithium-ion battery maker A123 Systems Inc. (OTC Pink:AONEQ) will receive $50 million in bankruptcy...

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Wanxiang Receives China’s Approval to Buy A123 Systems

Reuters reported that Wanxiang Group Corp.'s plan to acquire A123 Systems Inc. (OTC Pink:AONEQ), which filed for Chapter 11 bankruptcy protection last month, has been approved by China's government....

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