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Unread 05-12-2016, 02:05 PM   #1
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Default Nissan takes controlling stake in Mitsubishi for $2.2 billion

Hot on the heels of yesterday's stunning revelation that Mitsubishi Motors probably lied about fuel economy stats on all of its Japanese-market vehicles comes word that the troubled automaker has sold a controlling stake of its shares to Nissan. The deal includes Nissan's purchase of 506.6 million shares in Mitsubishi Motors, at a price hovering...

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