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Xlcr
Posted on Thursday, December 29, 2005 - 05:32 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Proton, in major financial trouble, is throwing away an 87 million investment to get out from under MV. The Italian buyers aren't getting such a great deal though. They have to cover 107 million in debt. Doesn't sound good for MV.

OOPS! Should have said Euro.

(Message edited by xlcr on December 29, 2005)
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Tramp
Posted on Thursday, December 29, 2005 - 05:35 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

were it in lira, it'd be like 800 trillion
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Xlcr
Posted on Thursday, December 29, 2005 - 05:38 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Yes, I was thinking that if it was 107 million lire of debt it would be no big problem.

(Message edited by xlcr on December 29, 2005)
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Rokoneer
Posted on Thursday, December 29, 2005 - 08:17 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

You can thank me for that whole debacle!

I just had to go out and buy a Husqvarna a couple months ago since I'd always wanted one.

MV owns both Husky and Cagiva so I have to wonder what's going to happen now.......
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