VW Approves Merger with Porsche

By Kiran Aditham 

Volkswagen’s board approved a merger today with Porsche that will see the former automaker absorb the latter and ultimately form a single entity by 2011. Before they can become one big happy family, though, there’s a long-winded, complicated process to deal with that includes Porsche selling VW stock options to Qatar, VW paying billions of Euros for stake in Porsche by year’s end and hopefully a dash of a Robert Ludlum plotline sprinkled somewhere within.

Though the deal is far from inked, we wondered how this would eventually affect V-Dubs’ agency Crispin. But the Boulder bunch offered a curt “no comment” when asked for their thoughts on the matter.


More: “GM to Advertise A Lot While Boasting the Volt Gets 230 MPG