Thursday, October 22, 2009

VW to Buy 49.9% of Porsche

A couple of years back Porsche had made big news when it had sought to buy out Volkswagen a company that was many times bigger than Porsche. Back then Porsche was having the time of its life in the marketplace. The Boxster was a huge hit thanks to the lack of any formidable rivals and Porsche’s bottom line had been soaring. Infact at that time it was the most profitable automobile manufacturer in

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