Porsche takes over Volkswagen. Or not.

From Motor Trend.

The last paragraph is particularly interesting:

While Porsche may now own Volkswagen, the saga is likely far from over. So long as Lower Saxony retains the power to stop changes at Volkswagen, they can effectively nullify Porsche’s actions. Acquiring a majority stake, though, makes it clear that Porsche is serious about this takeover and expects to win its court battles. However, if it fails to get the “Volkswagen Law” repealed, Porsche will simply be a majority shareholder of Volkswagen, but will not actually be able to control the company. Given that the European Commission has sided with Porsche, though, it’s like that Lower Saxony will lose its blocking power sooner or later and Porsche will be able to take complete control of Volkswagen. Considering how hard fought the takeover has been so far, it’s not likely the issue will be complete resolved soon — or neatly.