In truly corporate style, Nissan's got a big announcement on this whole Kirk-amamie stock buyout scheme reminiscent of a similar purchase arrangement the market mogul tried with a German-American hybrid corporation before it became said hybrid. And by "big announcement" we mean they've agreed they'd be willing to discuss things. Here's the full wire report:
TOKYO (AFX) - Nissan Motor Co said its board has given the go-ahead for talks with General Motors Corp with a view to a possible alliance with the US carmaker.
Oh, the excitement! The intrigue! We can't wait for the next breaking news — a discussion on the shape of the table for the talks. Will it be square, triangle...does Kirk get his own side...does Wagoner need to be seperated from the board...all the important minutae.
Nissan board backs alliance talks with GM [Forbes]
Related:
BREAKING! GM Board Calls Emergency Meeting Over Proposed Renault-Nissan Alliance [internal]