user warning: Duplicate entry '985101' for key 1
query: INSERT INTO accesslog (title, path, url, hostname, uid, sid, timer, timestamp) values('Profits could hurt Ford through union vote', 'node/88730', 'http://themoneytimes.com/tags/ford', '207.241.228.148', 0, '9efa52b375c4e67dc259374ecaa1bb16', 331, 1266004099) in /home/themoney/public_html/modules/statistics/statistics.module on line 64.
Ford released a statement that said it "confirms settlement of all substantive commercial terms" in negotiations to sell Volvo to Zhejiang Geely Holding Group Company Limited.
The statement did not include a price for the Swedish brand that Ford purchased in 1999 for $6.4 billion, a price far above what it expected to realize from the sale during a depressed global economy.
Ford said, "some work still remains to be completed before signing," but that it anticipated the deal would close in early 2010.
Copyright 2009 by United Press International.
Post new comment