Re: South Korean fire sale

2000-04-23 Thread Dennis R Redmond
On Sat, 22 Apr 2000, Louis Proyect crossposted New York Times, April 22, 2000 Renault Agrees to Buy Troubled Samsung Motors [text deleted] Actually, a fine example of the new hegemons at work. Samsung got into the auto biz way late, I think in 1995 or so, and has pretty limited industrial

South Korean fire sale

2000-04-22 Thread Louis Proyect
New York Times, April 22, 2000 Renault Agrees to Buy Troubled Samsung Motors By JOHN TAGLIABUE PARIS, April 21 -- Renault, the French automaker, reached an agreement today to acquire the ailing Samsung Motors of South Korea, concluding its second major acquisition in Asia in the last year.