Almost word for word from Autoweek:
Quote:
Shelby will own 70 percent and 30 percent will be held by shell company owners and investors (stock.)
Stock sales proceeds will be used to fund resumed production of new 289 and 427 Cobras and company expansion.
There are no plans to resume production of continuation Cabras this year.
This move severs his ties with the financial ailing Venture Industries.
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Anyone care to explain what Shelby is really doing here?