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Breaking: German Prosecutors Raid Porsche Offices Over Possible “Market Manipulation”

Breaking: German Prosecutors Raid Porsche Offices Over Possible “Market Manipulation”
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Earlier today German federal prosecutors raided Porsche’s offices in Stuttgart in search of documents that would reveal illegal business practices. The raid stems from Porsche’s failed takeover attempt of Volkswagen, with the prosecutors office alleging, “a breach of public disclosure requirements and market manipulation.” In a statement released by Porsche the German sports car maker… Continue Reading...