VW/Porsche merger developments

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VW/Porsche merger developments

Postby ttweed on Mon Jan 23, 2012 8:39 am

http://www.nytimes.com/reuters/2012/01/22/business/22reuters-porsche-volkswagen.html?_r=2&hp

Volkswagen is considering how to acquire the remaining 50.1 percent of Porsche SE's sports car business prior to November, when put-call options first foresee a deal, Dow Jones Newswires reported on Sunday....

According to disclosures from Volkswagen, Porsche SE has a put option to sell its 50.1 percent exercisable from November 15, while Volkswagen can exercise its call option between March and April of next year.

A spokesman for Volkswagen said on Sunday the company was closely examining other possible methods apart from the put-call options that would allow for an integration of Porsche within VW as soon as possible, but declined to comment on specifics.
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Re: VW/Porsche merger developments

Postby MR LIPP on Mon Jan 23, 2012 2:49 pm

Does this mean that a VW will no longer be an X car at the autocross? :roflmao: :roflmao: :roflmao:
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