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Re: DON’T TRUST ALL THESE ROUMORS... (archive)

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Posted by Roger on November 09, 2000 at 01:10:07:

In Reply to: Here we go again - MB/BMW merger. See WSJ. posted by Trex on November 08, 2000 at 07:44:20:


BMW is not for sale! No way!!! The majority of the stocks are privately held by the German Quandt family. And this family still likes to have this company within their stock portfolio! On the other side, there is no need to sell BMW to an other big player, because BMW is now going stronger than ever. Besides that, BMW just dropped Rover, in order to have more financial potential and, to be more liquid for the planned upgrade in production capacity. - Unlike other companies, the hard of the Quandt’s will makes here the difference... As long as the Quandt’s have such a strong devotion to “their” BMW, BMW will stay independent, will not been sold and can not been taken over. Not even from the snobby folks from MB.

Roger



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