That is correct. Zoltan ----- Original Message ----- From: "Andrew Grebneff" <andrew.grebneff@STONEBOW.OTAGO.AC.NZ> To: <vanagon@GERRY.VANAGON.COM> Sent: Wednesday, August 24, 2005 4:01 PM Subject: Re: Diamler chrysler vw...
> >When that merger was going on I was watching a lot of the european > >accounts >>because the US papers were not being told much. It was interesting to >>watch. It was going to be a merger of equals with chrysler actually being >>up about 1 percent. However as the 2 year discussions and paperwork >>between >>government agencies in about 6 countries went on, chrysler went down in >>value again as mercedes went up in value. When it was finally signed >>final >>daimler was at about 60 percent of the value and chrysler was down to >>about >>40 percent (chrysler had to sign away all military contracts). Now it is >>no >>longer a merger but a coup. > > it was NEVER intended to be a merger. It was an outright buyout by > Mercedes. It was cynically called a "merger" in the US to try to > forestall "patriotic" backlash. > -- > Andrew Grebneff > Dunedin > New Zealand > Fossil preparator > <andrew.grebneff@stonebow.otago.ac.nz> > Seashell, Macintosh, VW/Toyota van nut > > HUMANITY: THE ULTIMATE VON NEUMANN MACHINE > > DEMOCRACY: RULE BY THE LOWEST COMMON DENOMINATOR > |
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