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© 2017 AFPAirbag maker Takata's shares plummet 55%
By Kazuhiro NOGI TOKYO©2024 GPlusMedia Inc.
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© 2017 AFP
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smithinjapan
Papa Takata would be rolling in his grave at how bad his son has messed everything up. Sadly, his son will get away with it and run while he can still pocket some money, not pay the victims of his folly, and try to start again under a new name.
Disillusioned
Of course shares will take a huge dive when a company mentions bankruptcy. The share holders will be lucky if they can give their shares away by the end of the month.
ozziedesigner
Some dirty business with huge backhanders going on here for sure. How can a US business take all the assetts of Takata with no responsibility for any litigation virtually for free. What a scam !!! Massive money being made in this scam whilst the victims will get zero.
BertieWooster
Only 55 percent?
Why?
mukashiyokatta
Why would you allow them to continue to exist and conduct business??