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Ex-Porsche Executives Acquitted of Market Manipulation in Volkswagen Bid – Wall Street Journal
Posted: Friday, March 18, 2016
STUTTGART, Germany—A court acquitted two former top executives of Porsche SE, finding them not guilty of market manipulation related to the company’s botched 2008 takeover attempt of Volkswagen AG.
The verdict could reduce potential financial risks for the family that controls the German automotive group which itself faces possible…