Saturday, July 18, 2009
Dr. Porsche Reunites Under Qatar
International - SPIEGEL ONLINE - Nachrichten: "Volkswagen to Acquire Porsche
Power Struggle Ends: Volkswagen to Acquire Porsche
Volkswagen is planning to purchase all of sports carmaker Porsche, which has run into massive financial problems linked to its overly ambitious plan to take control of VW. The attempted takeover, which had been financed using loans, ultimately failed because of the credit crunch and ensuing liquidity problems that almost saw Porsche go bankrupt. more...
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