News Focus
News Focus
icon url

Investorman

07/11/09 12:17 PM

#5940 RE: Xxxplosive #5939

You would have to check with Penske for his plans on that.

icon url

Investorman

07/11/09 12:21 PM

#5941 RE: Xxxplosive #5939

Penske itself is already publicly traded - PENSKE AUTOMOTIVE GROUP (PAG)

I don't know if they will fold Saturn into PAG or operate it as a seperate company with its own ticker.

icon url

Investorman

07/11/09 12:24 PM

#5942 RE: Xxxplosive #5939

PAG has recovered pretty nicely from its low las March and is currently trading at $15. Its high was $24 in January 2007 and its low was around $6 last March.
icon url

puppydotcom

07/11/09 12:33 PM

#5945 RE: Xxxplosive #5939

Will Saturn talk about being publically traded

nope (not part of the new GM)... Saturn is in the old company called "Liquidation Motors" to be sold or liquidated

If Saturn is sold to someone - it will be up to the new owners to be private or public