Ford Buyout Offer Draws Little Interest
Ford may be trying to do their bit about overcapacity issues, but they’re having little success with it. The Freep reports that a buyout program by Ford, which was offered to 41,000 hourly workers, has...
View ArticleNissan Wants to Take Control of Mitsubishi Motors: Report
Nissan Motor Company wants to buy a controlling stake in Mitsubishi Motors, according to a report by the Japanese broadcaster NHK. The deal would see Nissan invest 200 billion yen ($1.84 billion) into...
View ArticleWhere’s Musk’s Financing Coming From? Reports Say SEC, Tesla Board Want to Know
Like a Netflix original movie with lots of action but a threadbare plot, Elon Musk’s plan to take Tesla private has some glaring holes. The largest of which is how he’ll finance the buyback of stock...
View ArticleVolkswagen Group to Drop $267 Million for Audi Stock Buyout
On Tuesday, Audi announced Volkswagen Group is prepared to buy out minority shareholders. VW announced the plan earlier in the year, setting aside funds to procure the 0.36 percent of Audi it didn’t...
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