Ford family to keep stake, wait for turnaround - FT

Newswire

SINGAPORE, Oct 29 (Reuters) - The prospects for a sale of the Ford family's controlling stake in car marker Ford Motor Co receded as it emerged that Henry Ford's heirs had patched up differences and agreed to wait for the outcome of a radical turnround plan, the Financial Times reported. Citing people close to the situation, the FT said that, since holding talks with a Wall Street firm in April about their 40 percent voting stake, the family was not planning more discussions with ...

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