Thread: Volvo Sold
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Old 03-30-2010, 10:17 PM
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You don't read the financial page much, do you?

This sort of thing has been happening for the last few years - companies (usually software or intangibles companies) bought for heaps o' billions in the boom and sold off for pennies afterward. Ford simply overvalued what Volvo would bring to their 'premium car lineup,' just as it did with Aston-Martin. Even with all the expansion and improvements, the market was finite.
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