Breaking NEWS! Nissan Withdraws From Honda Merger

The Nissan Withdraws From Honda Merger - its OVER! Nissan has decided to withdraw from its memorandum of understanding with Honda on pursuing a merger under a holding company, according to Japan’s Nikkei (NI-KI) business daily. Nissan will call off merger talks with rival Honda, the Nikkei newspaper said, abandoning a tie-up that would have created the world's No.3 automaker and raising questions about how it will drive a turnaround by itself. I'll tell you what this all means.

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