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  • **FILE** An A123 Systems Inc. logo is shown in Livonia, Mich., on Aug. 6, 2009. (Associated Press)

    Chinese firm gets OK to buy A123’s assets

    A judge approved a deal Tuesday for a Chinese company to buy the assets of a bankrupt U.S. battery maker that won a quarter-billion-dollar grant from the federal government just three years ago.

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  • **FILE** President Bush (center) listens to Dave Vieau (right), president and CEO of A123 Systems, as he is shown a Toyota Prius plug-in hybrid car utilizing a lithium power battery during a demonstration of alternative fuel automobiles on the South Lawn of the White House in Washington on Feb. 23, 2007. At left is Energy Secretary Sam Bodman. (Associated Press)

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