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Buyots first, selling brands only later


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DFP reports on the Bloombers piece about the expanded buyouts and here is an interesting tidbit:

 

Ford will delay other possible steps, such as selling brands or its finance unit, until new CEO Alan Mulally studies the plans, the sources said.

 

So while Leet now answers to Mulally, Mulally will review the plans to off-load brands.

 

It is likely, thy will view it in the light of early 2007 financial results when most of the workers are bought out, and the costs are finally down.

 

LINK: http://detnews.com/apps/pbcs.dll/article?A.../609120378/1148

 

Igor

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