When that merger was going on I was watching a lot of the european accounts because the US papers were not being told much. It was interesting to watch. It was going to be a merger of equals with chrysler actually being up about 1 percent. However as the 2 year discussions and paperwork between government agencies in about 6 countries went on, chrysler went down in value again as mercedes went up in value. When it was finally signed final daimler was at about 60 percent of the value and chrysler was down to about 40 percent (chrysler had to sign away all military contracts). Now it is no longer a merger but a coup. jimt On 8/23/05 7:26 PM, "Andrew Grebneff" <andrew.grebneff@STONEBOW.OTAGO.AC.NZ> wrote: > > Yep... next year Toyota will BUY Ford and, like Mercedes, make it > "look" like a merger. |
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