General Motors, Ford Discussed Secret Merger in 2008, NYT Says

Sunday, 02 Oct 2011 07:17 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

Oct. 2 (Bloomberg) -- General Motors Co. Chief Executive Officer Rick Wagoner secretly proposed a merger with Ford Motor Co. in 2008, a year before GM’s bankruptcy filing, the New York Times reported.

Ford Chairman Bill Ford and Chief Executive Alan Mulally held talks with Wagoner before turning down the offer, according to the article, adapted from Bill Vlasic’s ‘Once Upon a Car: The Fall and Resurrection of America’s Big Three Automakers -- G.M., Ford and Chrysler,’ to be published Oct. 4.

--Editors: Cecile Gutscher

To contact the reporter on this story: Catherine Airlie in London at cairlie@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

© Copyright 2014 Bloomberg News. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

US to Extend Keystone XL Comment Period, Delaying Decision

Friday, 18 Apr 2014 14:32 PM

The Obama administration said Friday it's extending its review of the Keystone XL pipeline - a procedural punt that coul . . .

Clinton Sought GOP Support for Health Care

Friday, 18 Apr 2014 17:00 PM

President Bill Clinton's advisers estimated early in his term that passing a health care overhaul would require a delica . . .

Obama Signs Law Aimed at Barring Iran UN Envoy

Friday, 18 Apr 2014 16:37 PM

President Barack Obama on Friday signed into law a bill barring US visas for UN envoys seen as a threat to American secu . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved