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Bankruptcy

Battery-making giant Exide Holdings filed for Chapter 11 bankruptcy this week, declaring more than $1 billion in liabilities; it plans to sell all of its assets, in a crunch partly brought on by the Covid-19 pandemic.

WILMINGTON, Del. — Battery-making giant Exide Holdings filed for Chapter 11 bankruptcy this week, declaring more than $1 billion in liabilities; it plans to sell all of its assets, in a crunch partly brought on by the Covid-19 pandemic.

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