Mitsubishi May Not Want Honda-Nissan Merger

Mitsubishi Motors considering not joining planned Nissan-Honda merger, sources say
Japan's Mitsubishi Motors, a junior partner of Nissan Motor, is considering not joining a planned merger between Nissan and Honda Motor, sources told Reuters on Friday. Mitsubishi Motors plans to remain listed while continuing its cooperative relationship with both companies,
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Mitsubishi Won't Join The Honda-Nissan Merger: Report
Mitsubishi CEO Takao Kato, who took the stage with his counterparts from Honda and Nissan at the Dec. 23 merger announcement, said then that his company would decide by the end of January whether to participate in the grand integration. Nissan is Mitsubishi’s biggest shareholder.
Mitsubishi not joining merger could affect speed of Honda-Nissan talks
Mitsubishi is thought to be concerned about its management freedom, as the future of Nissan’s management restructuring is not clear.
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Shares in Japanese automaker Mitsubishi Motors plunged nearly nine percent Friday after a report said it might not join a planned merger between industry giants Honda and Nissan.
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