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August 24, 2006

Ford Might Go Private

Ford is thinking of going private and ditching the constant pressure to report to Wall Street while it restructures. The company's stock is in the tank with its market capitalization down to $14.5 billion. That would make Ford a tempting target for outside buyers if the Ford family didn't control 40% of the voting stock.

"Ford Motor Considers Going Private"

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Posted by Sean Hackbarth in Economics at 01:29 PM | Comments (1) | Trackbacks (0)