Porsche Corners VW

Some of you may have been following the Porsche/VW saga these past weeks or you may have simple heard about what was going on. Here is a very quick & simplistic summary of what happened:

Hedge funds and other investors where heavily shorting VW stock
Porsche revealed a 74% stake in VW and options to buy more instead of a presumed 40 something % stake
…
Original Source: ei-forum.com

  31 October, 2008| Fundamental Analysis | @ 8:35

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