Thursday, December 04, 2008

The Big 3: Just Buy Them

The Big 3 auto makers are looking for $34 Billion in emergency aid.

Market capitalization
GM = $2.4 Billion
Ford = $6.64 Billion
Daimler = $28.69 Billion

They could just buy them for that money.

Excluding Daimler's Mercedes Benz, the American-based brands would be cheaper.

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