wintersubaru Posted October 6, 2005 Share Posted October 6, 2005 http://kevxml2adsl.verizon.net/_1_2U3FTO103GOVRPD__vzn.dsl/apnws/story.htm?kcfg=apart&feed=ap &sin=D8D2597O6&qcat=finance&passqi=&top=1&ran=17015 it talked about how GM sold some of ther shares to toyota from fuji. Quote Link to comment Share on other sites More sharing options...
4WDFrenzy Posted October 6, 2005 Share Posted October 6, 2005 I heard something about it on the news this morning. I wouldn't worry too much about it since it is such a small percentage. Patrick Quote Link to comment Share on other sites More sharing options...
nipper Posted October 6, 2005 Share Posted October 6, 2005 Its posted on the new generation board .... and 20% is not a small number, well not for GM anyway. Gm is loosing money faster then niagra falls spills water.Technically if it wasnt for GM's other compaines, it would be bankrupt and gone. nipper Quote Link to comment Share on other sites More sharing options...
4WDFrenzy Posted October 6, 2005 Share Posted October 6, 2005 20%? I'm guessing this is how much stock from Fuji Heavy Industries that GM holds. The news said that GM sold 8.9% of it's stock in FHI to Toyota. I like GM, but that is what happens when you try putting your hand in everyone else's cookie jar. Sometimes you get your hand stuck, if you know what I mean. Quote Link to comment Share on other sites More sharing options...
jeffast Posted October 6, 2005 Share Posted October 6, 2005 well put Quote Link to comment Share on other sites More sharing options...
nipper Posted October 6, 2005 Share Posted October 6, 2005 20%? I'm guessing this is how much stock from Fuji Heavy Industries that GM holds. The news said that GM sold 8.9% of it's stock in FHI to Toyota. I like GM, but that is what happens when you try putting your hand in everyone else's cookie jar. Sometimes you get your hand stuck, if you know what I mean. 8.9% cash (4.90 a share i think?) and the rest of the price to be determined later at stock market rates. nipper Quote Link to comment Share on other sites More sharing options...
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