Covisint profit sharing offered to 40 suppliers

Kisiel, Ralph
June 2000
Automotive News;6/26/2000, Vol. 74 Issue 5881, p1
Trade Publication
Reports on Covisint's offering of profit sharing to its suppliers in lieu of an equity stake in the company. Plan's call for the sharing of earnings before interest and taxes; Suppliers' demand for an equity stake after DaimlerChrysler, Ford Motor Co. and General Motors Corp.'s creation of an online exchange.


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