Acquired
Porsche (with Doug DeMuro)
David Rosenthal
There's now a new holding company that owns 100% of the operating company and the VW shares that they've been acquiring. And this is Porsche SE. Porsche SE. Porsche SE holding. Yeah. And here's where things start to go awry. Vita King starts loading up the holding company with debt, with cheap debt in 2007 to go buy more VW shares on the market.
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