The duel over Fisker Automotive Inc. continued to heat up yesterday, when a company connected to Hong Kong's Richard Li boosted its bid for the failed maker of luxury hybrid vehicles, Dow Jones Daily Bankruptcy Review reported today. Li's takeover company, Hybrid Tech Holdings LLC, said that it would pay $55 million for Fisker, with only $25 million of the purchase price coming in the form of a credit bid or in an offer to cancel debt owed by Fisker to Hybrid Tech. The rest, $30 million, will be cash, Hybrid Tech's new offer says.
