Automotive News [AN, sub] is reporting that Der Spiegel is reporting that German automakers BMW and Daimler are planning on exchanging seven percent of each other's shares. Daimler's motivations seem clear enough; it's been looking for a way to end its status as takeover bait for over a decade. (If you remember, the possibility of [...]
Read More: http://www.thetruthaboutcars.com/bmw-and-daimler-swap-shares/
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Dori A Schmetterling - 10 Mar 2009 00:43 GMT
I don't recall ever reading about anyone trying to take over
Mercedes/Daimler Benz.
The blogger must be speculating. People seem to forget that the company is
very large, building vast numbers of lorries and buses as well.
DAS
To send an e-mail directly replace "spam" with "schmetterling"
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> Automotive News [AN, sub] is reporting that Der Spiegel is reporting that
> German automakers BMW and Daimler are planning on exchanging seven percent
[quoted text clipped - 6 lines]
> BMW NewsHub: Latest auto news sourced from websites, portals and blogs
> http://www.carshops247.co.uk/news/BMW.html