An Apple takeover of McLaren would make perfect sense if it ever happened (AAPL)
|09/22/2016||Posted by BusinessMediaguide.Com under General World News||
On Wednesday, news broke that at some point Apple reportedly approached McLaren Technology Group about a potential takeover.
However, a McLaren spokesperson later denied that an Apple takeover or investment is in the works.
Even though there seems to be no deal at this point, an Apple-McLaren tie up makes a remarkable amount of sense for both parties.
The automotive business is not easy.
Building cars is very time and capital intensive. It also requires an incredible amount of experience and institutional memory that cash sometimes can’t buy.
These are things Tesla CEO and former McLaren customer Elon Musk has read more >>>