Daimler to see bidders - minus Kerkorian
Article Abstract:
Investor Kirk Kerkorian's Tracinda Corp. was not among the bidders invited to meet with DaimlerChrysler AG executive Rudiger Grube regarding the purchase of the firm's Chrysler division. Kerkorian and Tracinda had made a $4.5 bil offer; Daimler officials are in doubt as to whether it is competitive compared to other bids.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Friction may upend Daimler plans: CEO conflict with German labor could complicate efforts to sell Chrysler
Article Abstract:
Disputes between labor and management over work hours and a small-car contract at DaimlerChrysler AG call into question the success of selling Chrysler to private equity interests, which labor opposes.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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