Thursday, April 9, 2009

Germany launches Hypo Real Estate takeover bid

http://finance.yahoo.com/news/Germany-launches-Hypo-Real-apf-14889108.html

The government's bank rescue fund said it would offer euro1.39 per share of the commercial property lender.

Even germany realises that companies should not be given cash but should be bought to make the right reforms, but US would never realise it.

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