On May 4, 2007, at 4:56 PM, Michael Perelman wrote:
When steel workers asked to buy plants that were shutting down in Youngstown, the
If the UAW could assemble the financing to make a credible offer, GM would be legally obligated to accept, no? Of course, a 20% premium to the current market cap would be around $21 billion. But what would they do with GM if they got it? Probably lay off workers. What would PEN-Lers say if called upon to advise the company? Doug
