Takata reportedly behind schedule in selecting bidder #DetroitNews

Ma Jie, Takako Taniguchi and Masatsugu Horie Bloomberg - Takata Corp.'s selection of a bidder is running behind schedule as the shortlisted companies embark on a more thorough review of the airbag maker behind the biggest auto safety recall, according to people familiar with the matter. The successful bidder may only be named some time in the January-to-March quarter, the people said, asking not to be identified as the negotiations are private. Takata and its financial adviser Lazard Ltd. have asked bidders to complete the due diligence in February,

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