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> Porsche Accepts Volkswagen Merger
914Owner
post Jul 16 2009, 11:10 AM
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QUOTE
Thursday, July 16, 2009
Reports: Porsche Accepts Volkswagen Merger

Steve Goldstein
MarketWatch Pulse

LONDON -- Porsche Automobil Holding has accepted a deal in principle to merge with Volkswagen , multiple German newspapers reported on Thursday. Volkswagen will buy under half of Porsche AG, the sports-car business, the reports said.

http://www.foxbusiness.com/story/markets/i...kswagen-merger/


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Katmanken
post Jul 19 2009, 11:01 AM
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My concern is that with the debt, they will adopt the Harvard Business school mantra- focus only on highly profitable segments and sell off the rest.

That means parts for older cars such as ours will become NLA after the one time fire sale..... (IMG:style_emoticons/default/sad.gif)
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Drums66
post Jul 19 2009, 01:07 PM
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That means parts for older cars such as ours will become NLA after the one time fire sale..... (IMG:style_emoticons/default/sad.gif)
[/quote]


Expect just that!!........it goes with the territory(classic automobiles)
(IMG:style_emoticons/default/popcorn[1].gif)
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