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Reader Comments for
Subscribe to this threadWhat do you do with $2 Billion?
(Page 1 of 1)
Phil @ Dec 18th 2005 10:31PM
If Fiat already owns 56% of ferrari what the hell are they doing spending $2 Billion to buy a brand from a company they already own? The only possiblity here is that they are in fact trying to make ferrari look more attractive for its IPO and then dump they're stake on the open market. Gotta figure 56% of ferrari is worth a bit more than $2 Billion, i just dont see how its worth spending that money on a niche market company when you're already losing money like no ones business.