LDK Joins China State-led Solar Bailout

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The nascent state-led bailout of China's struggling solar industry has taken another step forward with word that*LDK*(NYSE: LDK) has just sold a big chunk of itself to a partly state-owned consortium for enough cash to perhaps fund its operations for another month or 2. This new rescue package values LDK at just $140 million, which is probably stil

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