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Porsche's Plight: German Carmaker Narrowly Averts Bankruptcy

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Luxury carmaker Porsche came very close to bankruptcy in March. Only a dramatic rescue operation saved the company, but it's still on the skids. Over the coming weeks, the sports car manufacturer -- which is up to its hubcaps in debt -- could find itself in an increasingly difficult financial situation if it doesn't swiftly merge with Volkswagen.

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