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Major auto parts company files for bankruptcy with over $10 billion in debt
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Major auto parts company files for bankruptcy with over $10 billion in debt

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The auto parts manufacturing company filed for bankruptcy Sunday after disclosing more than $10 billion in liabilities, court filings show.

Major auto parts maker First Brands Group, LLC. filed for bankruptcy protection over the weekend — revealing billions of mounting debt in the process. The auto parts manufacturing company filed for bankruptcy Sunday, Sept. 28, after disclosing more t... [2103 chars]

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Source: MassLive

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