GM Inside News Forum - View Single Post - $11: GM Stock Falls Hard At Market Open On Goldman Downgrade

wescoent · 06-26-2008, 10:02 AM

The price to take over General Motors is $3.24 billion.

Daimler-Benz bought Chrysler in 1998 for about $36 billion.

Jaguar and Land Rover just got sold to Tata for about $2.3 billion.

GM PAID Fiat $2 billion dollars just to avoid having to take it over.

Now, if only Fiat locked that money in an account somewhere, then turned around and bought 51% of GM with it...

06-26-2008, 10:02 AM	#3 (permalink)
wescoent 6.2 Liter LS9 Supercharged V8 Join Date: Dec 2004 Posts: 6,462	Re: GM Stock Falls 11% At Market Open On Goldman Downgrade The price to take over General Motors is $3.24 billion. Daimler-Benz bought Chrysler in 1998 for about $36 billion. Jaguar and Land Rover just got sold to Tata for about $2.3 billion. GM PAID Fiat $2 billion dollars just to avoid having to take it over. Now, if only Fiat locked that money in an account somewhere, then turned around and bought 51% of GM with it...