Pininfarina Family to Lose Control of 82 Year Old Company

Pininfarina Family to Lose Control of 82 Year Old Company
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Pininfarina has helped design every modern Ferarri sportscar since the 50’s. But the company has posted a loss of $22.1 million in the first nine months of 2011. According to Reuters, creditor banks are working on an agreement to restructure Pininfarinas  $99 million debts. One source says “”The agreement will fix the capital structure for… Continue Reading...
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