What is your source? I can't find that on Google or the MG BBS or my local
news this morning which covers the area containing the HQ. They have been
in negotiation for some time for a joint venture in China where SAIC will
own 70% and MG Rover 30% but MG Rover in the UK will remain wholly owned as
before, but in return for a cash injection.
PaulH.
----- Original Message -----
From: "Mclean, John R" <JohnRMclean@eaton.com>
To: <mgb-v8@Autox.Team.Net>; <shelles@sympatico.ca>
Sent: Wednesday, December 01, 2004 4:37 PM
Subject: Sad News
> In case you hadn't heard SAIC has purchased MG Rover. The deal will take
effect early next year.
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