English Birmingham Post newspaper reported that Tata Motors will be named the winning bid for Jaguar and Land Rover. Neither the seller, Ford, nor the buyer, Tata, have confirmed that an announcement has made, and in fact Ford has repeatedly said that a buyer will not be named until early next year.
The British paper reiterates the same estimate we've heard before, that Tata will be doling out around £1 billion, or $2 billion USD, for the right to own these two storied brands.
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