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Takata reaches agreement to resolve lawsuits over air-bag inflators
2/12/2018

Takata has arrived at an agreement with injured drivers and creditors to establish a trust fund to settle lawsuits over injuries from the company's defective air bags. The settlement will allow Takata to emerge from Chapter 11 bankruptcy and pursue a reorganization plan through which a Chinese-owned company will acquire most of Takata's assets.

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