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In Late 1999, General Motors (GM), the World's Largest Auto

Question 20

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In late 1999, General Motors (GM), the world's largest auto manufacturer, agreed to purchase 20% of Japan's Fuji Heavy Industries, Ltd., the manufacturer of Subaru vehicles, for $1.4 billion. Why do you believe that General Motors may have wanted to limit initially its investment to 20%?

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The low minority investment in Fuji prov...

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