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Takata CEO Said Prepared to Resign to Placate Stakeholders

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Takata Corp. Chief Executive Officer Shigehisa Takada is prepared to resign in order to placate stakeholders unhappy with the way the air-bag supplier is handling the crisis involving its defective products, according to a person familiar with the matter. The resignation is the only way to enlist the support of automakers and lenders, according to the person, who asked not to be identified because the information isn’t...

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