Jan 23, 10:57 PM EST
Everything You Need To Know, Right Now.
Stay connected to the biggest stories unfolding in technology.
The IBTech Newsletter keeps you connected to the biggest stories unfolding in technology.
Please enter a valid email
Media & Culture
Defeated Porsche axes CEO to make way for VW merger
By IBT Staff Reporter on 07/23/09 AT 1:24 PM
Porsche conceded defeat in a months-long power struggle with Volkswagen Thursday by axing its embattled CEO, paving the way for VW to merge with the maker of the 911 sportscar.