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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.

Author: Power, Stephen, Singer, Jason, Chon, Gina
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
United States, Kerkorian, Kirk, Tracinda Corp.

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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.

Author: Power, Stephen, Rauwald, Christoph
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Personnel administration, Labor relations

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Subjects list: Planning, Germany, Mergers, acquisitions and divestments, Company acquisition/merger, Transportation equipment industry, Company business planning, Daimler AG
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