Thread: Ford needs the cash from Jaguar, Land Rover sale - USA Today

<img alt="" height="1" width="1">
Ford needs the cash from Jaguar, Land Rover sale
USA Today - 43 minutes ago
By Sharon Silke Carty, USA TODAY DETROIT — While the $1.7 billion that Ford Motor will net on the sale of Jaguar and Land Rover to India&#39;s Tata Motors looks ...


More...

Ford shares closed down 2.2%, or 13 cents, at $5.87 Wednesday. Tata Motors ADRs were down 6.8% to $16.18

The market isn't impressed by the sale?

The same happened when Telstra formed a joint venture (Reach Global Networks) with the HK company PCCW in 2001. Both Telstra and PCCW shares fell!