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Takata Denies Ch. 11 Reports, Wants To Avoid Disruptions

By William Gorta (November 4, 2016, 4:32 PM EDT) -- Air bag manufacturer Takata Corp. on Friday denied media reports that it was planning to seek bankruptcy protection for its U.S. subsidiary TK Holdings Inc., which is mired in debt tied to the recall of 69 million air bags and related litigation, according to a company statement....

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