By Drew Johnson
Wednesday, Aug 8th, 2007 @ 4:39 pm

It has just been released that the Ford Motor Co. received $931 million when it sold its Aston Martin brand earlier this year. This figure is close to the statement released by Ford on March 12th of this year, stating they would get $848 million while keeping a $77 million stake in the company.
According to Automotive News, the $931 million was a combination of cash and preferred stock in Primrose Cove Ltd., the holding company for the investors who purchased Aston Martin. The investor group is comprised of two investment firms from Kuwait, Investment Dar and Adeem Investment Co., as well as racing entrepreneur David Richards, and John Sinders. In a government filing from earlier this week, it was revealed that Ford would see a pre-tax profit of $187 million from the deal.

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