Porsche Shares Fall As Volkswagen Halts Merger Talks

Agent00R submitted on 5/18/2009 Auto Spies Photos Timestamp: 9:26:51 AM

Views : 8,122 | Category: Misc News | Source: | SOURCE: www.marketwatch.com

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LONDON (MarketWatch) -- Shares of Porsche Automobile Holding fell as much as 9% Monday, under pressure as Volkswagen AG said that it has suspended merger talks with its smaller peer and major shareholder.

The two German carmakers were due to meet on Monday to work out the financial details of a tie-up, but the meeting got cancelled.



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Porsche Shares Fall As Volkswagen Halts Merger Talks

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