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A123 bankruptcy plan gets final OK

WILMINGTON, Del. — A bankruptcy judge in Delaware has given final approval to the reorganization plan of failed battery maker A123 Systems Inc., which was the recipient of a $249 million Department of Energy grant.

Monday’s hearing resolved minor outstanding issues following the sale of most of the company’s assets to the US arm of the Chinese auto parts conglomerate Wanxiang Group for nearly $257 million.

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