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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: kinoxi

From the article...Ford paid $6.95 billion for Volvo in 1999, buying it from AB Volvo, the truck maker.


7 posted on 07/14/2007 5:10:57 PM PDT by Ed Condon (Wanted, newer tag line in good condition.)
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To: kinoxi
$6.5B in ‘99,
Basically, $8B is probably accurate only if they were unable to grow that subsidiary.

http://news.bbc.co.uk/1/hi/business/the_company_file/264506.stm

8 posted on 07/14/2007 5:11:02 PM PDT by mnehring (Virtus Junxit Mors Non Separabit)
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To: kinoxi

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

$6.95 bil , in a depressed market


9 posted on 07/14/2007 5:11:35 PM PDT by ulm1 (target RINOs for defeat Mcain,Martinez,Snowe,Collins,Lott,Hagel,Voinovich,Smith,Specter,Gram)
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