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Porsche/Volkswagen Merger Delayed

Since summer 2009, Volkswagen has owned approximately 49 percent of luxury automaker Porsche. They were planning to acquire the second half by the end of the year. However, VW put a hold on the deal last month.

Although VW hasn't decided not to scrap the Porsche merger all together, the future of the deal relies on VW's investigation into Porsche operations.

Porsche, however, remains optimistic. Speaking at the Frankfurt Motor Show, Matthias Muller, CEO, Porsche explained how VW is expected to push ahead with plans to acquire the 51-percent of Porsche they don't currently own, early next year. Muller also divulged post merger synergies could be upwards of 820-million dollars.

We will know for sure what happens between Porsche and VW, soon. Whether its Porsche's proposed Plan B or another pact altogether, Volkswagen is expected to present the next step to the automaker's Board of Management before the close of 2012.

Interested in more Porsche news? Stay tuned.Braman Porsche is dedicated to keeping your informed. If there's a particular Porsche story, Porsche technology, or new Porsche model you like to learn more about, simply leave us a comment. And, of course, you can always contact us with any Porsche questions you have.

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