Daimler-Benz Acquires Chrysler

Date 1998/5/14 0:00:00 | Topic: Miscellaneous

Luxury carmaker Daimler-Benz AG agreed to buy No. 3 U.S. automaker Chrysler Corp. in a stock deal valued at about $40 billion. This is the largest automotive merger ever, creating the world's fifth-largest automaker. [more from Microsoft Carpoint]

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