% | $
Quotes you view appear here for quick access.

A123 SYSTEMS, AŞ Message Board

  • greenshotshut greenshotshut Oct 17, 2012 3:42 PM Flag

    AONE's Chapter 11filing can't be taken serious. This is why.

    It was no secret that A123 Systems was desperate for money. It's also no secret that Chinese companies are interested in buying Western companies, especially when they can acquire useful technology in the deal. So the announcement that Wanxiang Group Corporation, a Chinese largest autoparts manufacturer which has significant U.S. operations, had signed a non-binding memorandum of understanding to invest up to $450 million in A123 through a combination of bridge loans, convertible notes, and warrants seems like good news for both companies.

    Within 2 months suddenly a deal with Johnson 4 times less?

    This stinks, can't be true and looks like a political action.

    You can't tell me the value of this company is 4 times less than 2 months ago with a deal in the pocket!

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies