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Fisker files Chapter 11, U.S. recoups $25 million in loan sale

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Fisker files Chapter 11, U.S. recoups $25 million in loan sale
By Deepa Seetharaman and Timothy Gardner
DETROIT | Fri Nov 22, 2013 5:51pm EST
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By Deepa Seetharaman and Timothy Gardner

DETROIT (Reuters) – Fisker Automotive, the moribund maker of the Karma plug-in hybrid sports cars, agreed to sell itself to an investor group on Friday and filed for Chapter 11 bankruptcy protection.

More http://mobile.reuters.com/article/idUSBRE9AL16Q20131122?irpc=932

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