Comments on: China to Block Hummer Acquisition?

By: PD Shaw

PD Shaw — Sat, 27 Jun 2009 14:22:53 +0000

Given that Fiat was willing to pay zero dollars to acquire Chrysler as a distribution network, the value of Hummer for the same purpose has to be close to a negative number.

By: William d'Inger

William d'Inger — Sat, 27 Jun 2009 13:06:24 +0000

Sounds like a bargaining ploy to me. Make scary noises to rattle GM into making a panic decision to lower the sale price even further. I would advise GM to raise the price 5% every time China does that until China grudgingly coughs up the deal.

By: Eric Florack

Eric Florack — Sat, 27 Jun 2009 03:40:19 +0000

If nothing else, the Chinese buyout of Hummer could be considered a life preserver to general motors. And by extension, the united states economy. Question; Can China have reached a point in their history where a strong U.S. economy is no longer in their interests? If so, perhaps we have a reason for that life preserver being pulled back.

By: Michael Reynolds

Michael Reynolds — Fri, 26 Jun 2009 21:34:12 +0000

We're running out of "greater fools."

By: William Klepzig

William Klepzig — Fri, 26 Jun 2009 21:18:28 +0000

The sale of Hummer to any country is foolish and dangerous. Instead of trying to sell America to the world one piece at a time and thus making America weaker in a national security issue, I suggest that the American public be invited to purchase stock in the company at $1.00 a share. With the number of shares in the initial sale to be limited to one thousand per person. Instead of allowing big companies to purchase early the American public would have one month to decide if they want to invest, after that the shares would be open to all, only in the USA.
If the MiddleAmerican has to pay back the billions already spent they might as well have a chance at a little profit on this deal!