Steady on old chap - UKP750million last year, UKP2billion over six years.
----- Original Message -----
From: <ATWEDITOR@aol.com>
To: <mgs@autox.team.net>
Sent: Thursday, March 16, 2000 4:47 PM
Subject: Re: MG/BMW?
>
> In a message dated 3/16/00 3:59:34 PM, macy@bblmail.psycha.upenn.edu
writes:
>
> << Alchemy Partners is pleased to announce the
> > impending launch of the MG Car Company following
> > today's outline agreement with BMW to acquire Rover
> > Group. >>
>
> I got some real fun gossip several weeks ago from a "highly placed" German
> source that Ford is in talks to acquire BMW! Yikes! Several years ago I
> wouldn't have believed it, but after Chrysler, anything is possible. The
> selling off of company parts that Ford probably isn't interested in makes
> perfect sense. However, it also makes perfect sense that BMW wants rid of
> that part of the company that cost it billions in losses last year. Stay
> tuned.
>
> Jay Donoghue
> 72 MGB
> 72 MGB-GT
> 66 Mustang
>
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