vw/gm suit

[Dan Simoes <dans>]

This got filtered, sorry.

Forwarded message:
From: Peter Henriksen <peterhe@microsoft.com>
To: "'quattro list'" <quattro@coimbra.ans.net>
Subject: More VW vs. GM - settlement terms...
Date: Fri, 10 Jan 1997 10:23:15 -0800
X-Mailer:  Microsoft Exchange Server Internet Mail Connector Version 4.0.994.63
Encoding: 19 TEXT

>From a news service I s*bscribe to:

** Ending one of the most bitter fights in corporate history,
automakers VOLKSWAGEN and GENERAL MOTORS (GM: 59-7/8, + 5/8) late
Thursday reached an out-of-court settlement of alleged industrial
espionage by executives who quit GM to join VW. In exchange for GM
dropping its U.S. racketeering lawsuit against Volkswagen, the
German automaker agreed to pay $100 million to GM and committed to
purchasing $1 billion worth of GM auto parts over the next seven
years. For the full text story, see
http://www.merc.com/stories/cgi/story.cgi?id=1059893-182

So... Where will all those GM parts show up?
- peter
  peterhe@microsoft.com - http://www.geocities.com/MotorCity/1001
  91 200qw
  94 acura legend gs
  issaquah, wa, usa