Porsche Granted Majority Share In Volkswagen

As far as the US concerned the green light has been given to Porsche to increase it's stake in Volkswagen.  The U.S. antitrust authorities ok'd the deal today.  This change will effectively give Porsche over 50% of Volkswagen share, making it majority holder.

Summer is here and apparently it's time for mergers.  Keep your eyes peeled for some important changes coming to Volkswagen, maybe they will get more expensive...or maybe Porsche will drop in price. lol

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