Think Global Files For Bankruptcy
Think Global has filed for bankruptcy protection in Norway, a major creditor said this morning. The company plans to liquidate its assets, according to a statement from its exclusive battery supplier, Ener1 Inc.
Spokesman Brian Sinderson issued a statement saying, “Ener1 estimates that the amount of the charge is $32.6 million, although the amount could change based on the extent to which funds are recovered as a result of the liquidation of Think Global.”
The Indiana Business Journal could not reach Think spokesman Brendan Prebo for comment.
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