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gesssssssssssssssss for just producing two models they got all most a billion for it! WOW
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Ford gets $931 million for Aston Martin Dale Jewett Automotive News August 8, 2007 - 12:42 pm EST
Ford Motor Co. got $931 million for Aston Martin, the automaker said in a government filing.
The payoff for Aston Martin was a combination of cash and preferred stock in Primrose Cove Ltd., which is the holding company for the group of investors that bought Aston Martin. The investor group includes Kuwait investment firms Investment Dar and Adeem Investment *** racing entrepreneur David Richards, and John Sinders.
In the government filing earlier this week, it said it had a pretax gain of $187 million from the deal. Ford announced the deal on March 12, saying then it would get $848 million in the deal plus keep a $77 million stake in the company.
The automaker is talking with potential buyers for the Jaguar and Land Rover brands, and is considering a sale of the Volvo Car brand.
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