Power struggle ends: Volkswagen to Acquire Porsche(spiegel.de)

17 pointsby SwellJoevor 17 Jahren4 comments

Power struggle ends: Volkswagen to Acquire Porsche

http://www.spiegel.de/international/business/0,1518,636905,00.html

3 comments

From the article: "Under the deal, the Porsche and Piëch families, Porsche's shareholders, would obtain 50 percent of the shares in the merged VW-Porsche company."

Interesting form of acquisition.

lincolnqvor 17 Jahren

One instance of this "power struggle" was posted here 8 months ago:

http://news.ycombinator.com/item?id=350332

SwellJoevor 17 Jahren

Yes, it's interesting how the maneuvers by the Porsche folks that led up to this were considered acts of sheer genius just a few months ago. Though the more responsible of pundits pointed out what a risk they were taking by leveraging themselves so deeply in order to manipulate the market in this way.

blatsvor 17 Jahren

Jeremy Clarkson will be so vindicated.

kaiseramavor 17 Jahren

Hammond won't hear the end of it...