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MiscellaneousMagna Eyeing Chrysler Group Purchase?
Posted by Anonymous on 2007/3/12 7:46:44 (871) reads

An interesting article in the Globe and Mail has Chrysler Group bigwigs making a pitch to Magna International about a possible purchase of Chrysler Group.

Frank Stronach says it's vital that Magna International Inc. participate in the potential sale of the Chrysler Group in order to protect itself and assist its largest customer.

"We have huge contracts with Chrysler, we have thousands of employees involved," Mr. Stronach told The Globe and Mail Thursday. "It's very important that we have a total understanding of what it is all about.

Check out the entire story.

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