Shares of embattled luxury car maker Aston Martin Lagonda Global Holdings plc (OTCPK:AMGDF; OTCPK:ARGGY) jumped on reports that Canadian billionaire Lawrence Stroll could be considering an offer to acquire a large stake or even the whole company. British Autocar was the first publication to break the news. At first glance this might strike one as more of a wild rumor than a serious possibility. After all, Lawrence Stroll does not have too much experience in the car industry.
However, a closer look reveals that such a proposal might actually make sense from