The latest plan to rescue Breed Technologies from bankruptcy court has a group of private investors, including Chairman and Chief Executive Officer Johnnie Cordell Breed, acquiring the company assets and recreating it as a minority enterprise. The deal does not stifle speculation that competitors such as Delphi Automotive Systems, Autoliv Inc. or TRW Automotive could acquire the troubled air bag and seat belt operations. Breed says it continues to pursue several options, including the ...
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