UPDATE~Porsche to buy VW... LIKELY, more new news 10-26-08 |
|
Porsche, and the Porsche crest are registered trademarks of Dr. Ing. h.c. F. Porsche AG.
This site is not affiliated with Porsche in any way. Its only purpose is to provide an online forum for car enthusiasts. All other trademarks are property of their respective owners. |
|
UPDATE~Porsche to buy VW... LIKELY, more new news 10-26-08 |
lotus_65 |
Mar 24 2007, 03:09 PM
Post
#1
|
Senior Member Group: Members Posts: 1,608 Joined: 21-March 05 From: minneapolis, mn Member No.: 3,795 Region Association: Northstar Region |
update 10-25-08
"FRANKFURT -- Porsche Automobil Holding SE said Friday the rift between its owners, the Piƫch and Porsche families, has been resolved, and both families now fully support Porsche Chief Executive Wendelin Wiedeking's plan to take over Volkswagen AG." update 10-22-07 new article 9-1-2007 Porsche to buy VW, 3-24-07 |
sww914 |
Mar 24 2007, 03:15 PM
Post
#2
|
Advanced Member Group: Members Posts: 2,439 Joined: 4-June 06 Member No.: 6,146 Region Association: None |
I read that they were increasing their stake to 31% ownership.
They are already the largest shareholder. By German law, they must make a takeover offer, which they will, but they are bidding the legal minimum, 20-some dollars a share lower than the market value, so Porsche doesn't think many shareholders will dump their shares at that price. |
Lo-Fi Version | Time is now: 2nd June 2024 - 10:11 AM |
All rights reserved 914World.com © since 2002 |
914World.com is the fastest growing online 914 community! We have it all, classifieds, events, forums, vendors, parts, autocross, racing, technical articles, events calendar, newsletter, restoration, gallery, archives, history and more for your Porsche 914 ... |