Volkswagen porsche merger

• BERLIN -- German carmaker Volkswagen says it is on track to finalize the full takeover of sports car manufacturer Porsche by the end of the month.
(Huffington Post)
• Volkswagen said Wednesday that it had reached an The companies scrapped the plan for a full merger last year with the Porsche holding company, which is controlled by the Piech-Porsche family and still owns 50.
(New York Times)
• BERLIN/FRANKFURT (Reuters) - Volkswagen VOWG_p.DE aims to wrap up its long implemented on economically feasible terms, VW said in the statement.
(msnbc.com)
• FRANKFURT (Reuters) - Porsche PSHG_p.DE Volkswagen VOWG_p.DE agreed on a plan to speed up the merger of their automotive businesses from August 1, 2012, the two carmakers announced late on Wednesday. Under the plan, Porsche SE will receive around 4.
(msnbc.com)
• BERLIN, June 22 (Reuters) - Facing a drawn out battle to complete their long-planned integration, Volkswagen and Porsche acquiring 49.9 percent of Porsche for 3.9 billion euros in December 2009.
(Reuters)
• Volkswagen AG (VOW) agreed to buy the 50.1 percent The two companies scrapped the plan for a full merger last year with the Porsche holding company, which is controlled by the Piech-Porsche family and still owns 50.
(Bloomberg)
• In short, Volkswagen found a way give Porsche the money to eliminate its debt without Porsche paying taxes by turning the payment into a business merger.
(AutoGuide.com)
• At the time, Porsche and Volkswagen mutually granted each other options to transfer the remaining 50.1% stake to Volkswagen if the initial plan for a merger including Porsches holding firm doesnt work out.
(Smart Money)
• Winterkorn is also Volkswagens CEO. In 2009, Porsche and Volkswagen agreed to a merger deal after Porsches attempt to take over Volkswagen failed.
(NASDAQ)
• Porsche and Volkswagen CEO Martin Winterkorn justified the merger strategy, claiming that the tax paid on the merged carmakers earnings will give a better return to German taxpayers.
(The Motor Report)