More than a year ago, Volkswagen agreed to take over Porsche after the sports car manufacturer saw its debt triple amid a failed takeover bid. Now, VW CEO Martin Winterkorn says that lawsuits in the United States and German tax issues have potentially prompted another delay.
“The legal proceedings may drag on for some time to come until a final decision is reached. For that reason, the planned merger could … Details
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on Tuesday, October 19th, 2010 at 7:29 pm and is filed under Auto Misc., Automobile, Sports Car.
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