Takata reaches out to investors

Takata Corp., the scandal-stricken air bag maker that’s seeking investors, is reaching out to as many as 20 possible buyers in an effort to narrow down a list of suitors, according to people familiar with the matter. Takata is working on restructuring the company and is open to a sale to a private equity partner, a parts supplier or a combination of both. One stumbling block to the sale is the liability from the air bag recall.