Mitsubishi Motors to become part of Nissan
Top executives of both companies hold joint press conference
May 12, 2016, Yokohama, Japan - Chairmen Carlos Ghosn, left, of Nissan Motor, and Osamu Masuko of Mitsubishi Motors shake hands at the conclusion of their Ghosn announced that Nissan will pay 2.17 billion dollars for a Ghosn announced that Nissan will pay 2.17 billion dollars for a 34% stake in the scandal-hit Mitsubishi, making Nissan the single largest shareholder. (Photo by Natsuki Sakai/AFLO) AYF -mis-