Hedge funds boost DaimlerChrysler stakes -source

Newswire

By Hendrik Sackmann STUTTGART, Germany, Aug 23 (Reuters) - Hedge funds have raised their stakes in DaimlerChrysler , lured by management changes that could herald dramatic changes at the carmaker, a source familiar with the matter said on Tuesday. "It is not unrealistic to assume that hedge funds have increased their holdings," the source said, but he would not confirm a report in the Frankfurter Allgemeine Zeitung (FAZ) that hedge funds now own about 20 percent of the company. Chief ...

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