Investors Line Up To Provide Financial Support To Takata

As many as 30 potential investors have indicated initial interest in providing financial support for embattled Japanese airbag maker Takata Corp., two people briefed on the talks told Reuters.

About half of those communicating their interest to Takata's newly appointed restructuring adviser are from the auto industry, one of the sources said. At least one private equity investor has already expressed interest in offering financial support to the auto parts supplier.

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TheSteve - 6/13/2016 11:18:39 AM

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Existing investors, throwing good money after bad?

Or new investors, believing their invested dollars will someday return a profit?

PUGPROUD - 6/13/2016 2:29:13 PM

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Doesn't pass the smell test. Either this is a scam by Lazard to attract investors or investors are willing to pay 10 cents on the dollar and roll the dice to see if it can be turned around or liquidated for more.