Nissan Agrees to buy 34% in Mitsubishi Motors Corporation - With some thoughts on the matter

buys..eat...gobbles....takes over...conquers...purchases..

This was taken from Reuters. The whole article is also posted below but this is the gist of it with my comments following thereafter:

"1.Nissan Motor Co has agreed to buy a 34 percent stake in Mitsubishi Motors Corp, taking de facto control with a $2.2 billion bet that bails out its smaller, scandal-hit rival.

Mitsubishi Motors is...how shall I say this.... in deep shit at the moment

Mitsubishi eK Wagon - A Kei Car involved in the emissions scandal. Eeeeeek!!!!!! Help!!!!

This was taken from the BBC.com website. I like websites like the BBC over something like Berita Harian or Utusan Malaysia for news of this sort as the source is usually credible (Just a cheap potshot there for the heck of it). 

Mitsubishi is in deep deep trouble. Two articles from here and here are posted below with my comments following: