David to Merge with Goliath Porsche Fails to Swallow VW

It was supposed to be the corporate takeover of the century. Porsche wanted to swallow up Volkswagen, a company 15 times its size. But the current economic crisis has forced the sportscar company to give up that dream and opt for a merger. It's still not clear where the power in the newly merged company will lie.
Volkswagen and Porsche are on the cusp of a merger.

Volkswagen and Porsche are on the cusp of a merger.

DDP
-- with wire reports