Ford's Sporty New Number

Cash starved and struggling, Britain's Jaguar PLC has decided to take the course favored by many an aristocrat facing hard times: marrying into money. Last week, three days after Japanese investors bought a majority interest in Rockefeller Center, the 67-year-old maker of sleek, purring luxury sports cars and sedans agreed to be taken over by America's Ford Motor for $2.5 billion. The deal is likely to win approval from the required 75% of Jaguar's stockholders.

Ford, flush with profits after four prosperous years, will acquire instant . access to the market for ultra-luxurious driving machines. Automotive experts expect Jaguar to use...

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