'56 Packards carried over to '57 would have sold maybe 5,000 - 10,000 units. They were too tall and the sedans had outdated greenhouses when 4-dr hardtops were all the rage. According to classiccardatabase.com
57 Cadillac series 62 sedan, their best selling model: 129" wheelbase, 215.3" long, 80" wide, 61" tall
56 Packard Patrician: 127" w/b, 218.6 long, 78" wide, 62" high.
I would say close enough for a stopgap. True, the Packard isn't a hardtop, but, in other ways, I think it looks more up to date than the Caddy.
Stockholders like it when people give them money. If it meant Nance going to Ford and taking Packard with him, I don't think Studebaker shareholders would have cared. The stockholders would argue no end about how much they got for Packard. No matter what price Nance may have negotiated, someone would file suit saying Nance lowballed the price to get himself the job at Ford. By the time the suit had wound it's way through the courts, it would be years later and Packard would be long dead.
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