At first, I thought it was just another prank, when I heard that Honda will be buying a majority stake in Harley-Davidson. Then I noticed th...
At first, I thought it was just another prank, when I heard that Honda will be buying a majority stake in Harley-Davidson.
Then I noticed the headlines were coming from Forbes, Reuters, and Associated Press, three very well respected news sources.
And then, I read the articles that said it was a rumor.
So, is Honda really going to buy out Harley-Davidson?
No one knows right now. The articles say that neither Harley nor Honda is willing to discredit the rumor. However, experts all agreee that such a merger would never get the blessing from Washington DC because it would create a near monopoly on heavyweight motorcycles.
Under the supposed rumor, Honda would control 60% of Harley.
Here are links to some articles, you decide...
Associated Press
http://biz.yahoo.com/ap/070622/harley_davidson_mover.html?.v=1
Forbes
http://www.forbes.com/markets/2007/06/22/harley-davidson-honda-markets-equity-cx_er_0622markets19.html?partner=rss
Reuters
http://www.reuters.com/article/mergersNews/idUSN2248287920070622
Then I noticed the headlines were coming from Forbes, Reuters, and Associated Press, three very well respected news sources.
And then, I read the articles that said it was a rumor.
So, is Honda really going to buy out Harley-Davidson?
No one knows right now. The articles say that neither Harley nor Honda is willing to discredit the rumor. However, experts all agreee that such a merger would never get the blessing from Washington DC because it would create a near monopoly on heavyweight motorcycles.
Under the supposed rumor, Honda would control 60% of Harley.
Here are links to some articles, you decide...
Associated Press
http://biz.yahoo.com/ap/070622/harley_davidson_mover.html?.v=1
Forbes
http://www.forbes.com/markets/2007/06/22/harley-davidson-honda-markets-equity-cx_er_0622markets19.html?partner=rss
Reuters
http://www.reuters.com/article/mergersNews/idUSN2248287920070622
