Air bag maker Takata to file for bankruptcy this month – sources

NEW YORK/WASHINGTON (Reuters) – Takata Corp, the Japanese company facing billions in liabilities stemming from its defective air bag inflators, is preparing to file for bankruptcy as early as next week as it works towards a deal for financial backing from U.S. auto parts maker Key Safety Systems Inc, sources said on Thursday.

from Reuters: Top News http://uk.reuters.com/article/uk-takata-bankruptcy-idUKKBN1962I0?feedType=RSS&feedName=topNews

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