Ford Gets Controlling Interest in Jaguar: Ford...
From Times Staff and Wire Reports
Ford Gets Controlling Interest in Jaguar: Ford Motor Co. has acquired a controlling interest in Jaguar PLC as part of its $2.5-billion takeover of the British luxury car maker, the No. 2 U.S. auto maker said. Ford said that by the close of business Friday, it had acquired 77.4% of the outstanding shares of Jaguar stock, including the 13% that it owned prior to Nov. 2.
