Energy Conversion Devices files Chapter 11, seeks sale of businesses; Ovonic Battery Company sold to BASF Corporation
Green Car Congress
FEBRUARY 14, 2012
51-year-old Energy Conversion Devices, Inc. However, current cash is anticipated to be sufficient for expected operations during the Chapter 11 proceeding, and therefore the Company is not expected to require third-party debtor-in-possession financing. million in outstanding 3% Convertible Senior Notes due 2013.
Let's personalize your content