How did a "boutique" car company like Porsche come to own Volkswagen? Porsche sells less than 40,000 cars a year and Volkswagen is now the third largest auto manufacturer behind GM and Toyota selling nearly a quarter of a million cars per year around the world.
Here's part of the story of how Porsche achieved this takeover....it's a good one if you like stock/finance stuff.
Friday, January 9, 2009
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