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Daimler to challenge court ruling in Chrysler case

STUTTGART, Germany, Aug 21 (Reuters) - DaimlerChrysler will challenge a German court ruling that it should should pay former shareholders of Daimler-Benz AG more money in a dispute over the valuation of their stock during the 1998 merger with Chrysler.

A spokesman for the world's fifth-biggest carmaker said on Monday the extra payment of 22.15 euros ($28.43) per share set by the court was inappropriate and that it would appeal.