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To: bruinbirdman
$8B for Volvo, sounds like Ford is hard up for cash. I don’t follow the subsidiaries books that closely, but it seems that it should be worth far more than that.
2 posted on 07/14/2007 5:01:02 PM PDT by mnehring (Virtus Junxit Mors Non Separabit)
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To: mnehrling

I would think 10-12 billion.


3 posted on 07/14/2007 5:04:33 PM PDT by stephenjohnbanker ( Hunter/Thompson/Thompson/Hunter in 08! "Read my lips....No new RINO's" !!)
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To: mnehrling
$8B for Volvo, sounds like Ford is hard up for cash.

Selling assets to pay retirement benefits for socialist union workrs is not a growth strategy. They would be better off going through bankruptcy and terminating those absurd agreements.

4 posted on 07/14/2007 5:06:43 PM PDT by Mad_Tom_Rackham (Elections have consequences.)
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To: mnehrling

It does sound cheap. Do you know how much they paid it for?


5 posted on 07/14/2007 5:08:01 PM PDT by kinoxi
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To: mnehrling
$8B for Volvo, sounds like Ford is hard up for cash. I don’t follow the subsidiaries books that closely, but it seems that it should be worth far more than that.

Daimler sold Chrysler for $7b. After buying it for $35b. What a bunch of maroons.

38 posted on 07/14/2007 7:28:10 PM PDT by buccaneer81 (Bob Taft has soiled the family name for the next century.)
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