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GERMANY-PORSCHE/
RTR25YKI
July 23, 2009
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking (R) hugs his successor Michael Macht...
Stuttgart, Germany
Outgoing CEO of German car manufacturer Porsche Wiedeking hugs his successor Macht after he gave a farewell...
Outgoing CEO of German car manufacturer Porsche, Wendelin Wiedeking (R) hugs his successor Michael Macht after he gave a farewell statement during an employee meeting at the Porsche headquarters in Stuttgart, July 23, 2009. Sportscar maker Porsche conceded a months-long power struggle to mass-market rival Volkswagen by axing its CEO and said it would raise at least 5 billion euros ($7.1 billion) in equity as the two prepared for a merger. REUTERS/Kai Pfaffenbach (GERMANY)
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