[kach22i]

Originally Posted by Decolliber

Payback for Piëch
May 14th 2009
From The Economist print edition

...........Third, Porsche was counting on the repeal of the so-called Volkswagen Law that restricts individual shareholders to 20% of the voting rights, regardless of the number of shares they own, and gives the state of Lower Saxony a veto on major decisions. The law’s abolition would have allowed Porsche to use its anticipated 75% stake in VW to get its hands on the bigger company’s cash reserves, which stood at €10.7 billion at the end of the last quarter.

Strike three, they are out.