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Takata Gets Clearance To Launch Massive Ch. 11 Case

By Matt Chiappardi (June 27, 2017, 9:16 PM EDT) -- A Delaware bankruptcy judge allowed embattled Takata to set the wheels in motion Tuesday for its massive global restructuring proposed to culminate with a $1.6 billion sale to competitor Key Safety Systems Inc., a case that could see a significant role played by victims of its defective air-bag inflators....

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