| Japanese automaker Honda Motor Co. has
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| | high margin profile and it's not a good
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| recently denied rumors alleging that it
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| | business sense for an LBO investor to
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| will buy Harley-Davidson Inc., which
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| | shell out a significant premium and be
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| caused the US motorcycle maker's share to
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| | able to generate a fitting return.
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| rise in New York last Friday.
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| | Harley's share gained as much as 6.4
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| But just in case Honda and Harley do
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| | percent before closing last Friday's
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| combine, their union would be able to
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| | session by $2.43 or about 4 percent at
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| control 65 percent of the US motorcycle
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| | $62.55 on the New York Stock Exchange. On
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| market while its next leading competitor
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| | the other hand, the shares of Honda, the
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| Yamaha will be left with only 16 percent.
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| | world's biggest motorcycle maker and
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| Such type of stronghold on the motorcycle
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| | producer of high quality Honda exhaust
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| market would definitely not please the
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| | system have gained very little increase
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| Federal Trade Commission.
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| | in Tokyo with only 0.5 percent last
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| Honda through its spokeswoman Yoshido has
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| | Monday at 4,420 yen.
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| extended their stand on the issue.
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| | Honda Tidbits
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| According to Honda spokeswoman Makiko
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| | For the past 50 years, Honda has made
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| Yoshida in Tokyo last Monday, "There's
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| | racing as its training ground for
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| absolutely no truth to it."
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| | challenging the abilities of both its
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| Amidst doubts from analyst and market
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| | engineers and designers. Soichiro Honda
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| participants, Harley-Davidson shares and
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| | said that the pressures that people gets
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| options were able to increase with 58,535
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| | from racing encourages them to seek for
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| options last Friday which is fourteen
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| | innovative solutions and demands fast,
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| times more than the daily average that is
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| | precise responses to new problems that
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| basing from the figures gathered by
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| | they have not encountered before.
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| market research firm Track Data.
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| | This is also the very reason why racing
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| RBC Capital Market Analyst, Edward Aaron
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| | is embedded in the corporate culture of
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| in an interview with last Friday said,
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| | Honda. Aside from that racing also
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| "I'd be surprised if there was a Honda
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| | teaches people how to work harmoniously
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| and Harley-Davidson combination,
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| | with each other since in racing no single
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| basically for regulatory and cultural
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| | individual can bring success to the team
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| reasons." He also added, "Harley is an
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| | because it is a group effort.
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| iconic, American brand. I don't think it
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| | Throughout the racing history of Honda
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| would be a great fit if they were under
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| | either it be in two wheels or four, the
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| the ownership of a larger Japanese
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| | Japanese automaker has been able to win
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| corporation."
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| | at the highest levels. From the Isle of
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| Aaron further stated that it was unlikely
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| | Man TT motorcycle race to Formula One
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| that Harley would become the target of a
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| | Grand Prix, Honda was able to obtain 60
|
| buyout. He said, "Although an LBO is more
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| | race victories and four consecutive
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| plausible than a merger with Honda, the
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| | Constructors' Championships from 1988 to
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| math behind such a transaction is not
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| | 1991. Various Honda models are displayed
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| highly compelling." And besides Harley is
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| | in victory lanes around the world.
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| already a well operated business with a
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| |
|
