Source: http://feedproxy.google.com/~r/caranddriver/blog/~3/oL070uSg5S4/
Kurt Thomas Busch Kyle Thomas Busch Jeffrey Tyler Burton Richard Allen Craven
Tuesday
Porsche and VW: Together At Last
Volkswagen is buying the remaining 50.1 percent of Porsche from Porsche Automobil Holding SE for ?4.46 billion (roughly $5.5 billion). Technically, it?s a merger as VW is transferring one share to Porsche. This way, VW avoids more than ?1.5 billion in taxes. The recently discovered and government-approved loophole serves to shorten any delay in the [...]
