DaimlerChrysler hit by third suit over merger


By Jon Hurdle PHILADELPHIA, May 25 (Reuters) - DaimlerChrysler has been hit by a third lawsuit claiming that the 1998 deal that formed the German-American automaker cheated investors out of billions of dollars because it was deceptively billed as a "merger of equals" rather than a takeover. The latest suit, filed in U.S. District Court in Delaware Monday on behalf of investors outside the United States, cites Daimler-Benz investment bankers' estimates that Chrysler was worth between $10 ...

Premium Content (PAID Subscription Required)

"DaimlerChrysler hit by third suit over merger" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×