Ford Sells Jaguar, Land Rover to Tata
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March 26, 2008
Ford Sells Jaguar, Land Rover to Tata
Posted:
March
26th
, 2008, 1:43pm
Ford Motor Co. is selling its storied Jaguar and Land Rover businesses to India's Tata Motors Ltd. in a deal that will net the struggling U.S. automaker about $1.7 billion — roughly a third of the price it paid for the two luxury brands.
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