Tuesday, May 28, 2013

Henrik Fisker bidding with Hong Kong tycoon to get his company back

Henrik Fisker bidding with Hong Kong tycoon to get his company back

Struggling to save Fisker Automotive from the of talons of bankruptcy, Henrik Fisker has teamed up with Hong Kong billionaire Richard Li to offer to purchase the company's outstanding U.S. Department of Energy's (DOE) advanced vehicles loan for just a fraction of its $171 million balance (the company was originally loaned $192 million, but $21 million was seized last month by the Energy Department). According to Reuters, there are at least two different investor groups interested in the company, but the DOE loan must be addressed before the automaker can be revived.

Autoblog , Henrik Fisker bidding with Hong Kong tycoon to get his company back, Henrik Fisker bidding with Hong Kong tycoon to get his company back

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