Kerkorian appeals ruling in DaimlerChrysler suit

Newswire

DETROIT, April 28 (Reuters) - Billionaire investor Kirk Kerkorian on Thursday appealed a U.S. court ruling dismissing his $1 billion lawsuit over the handling of the 1998 link-up between Germany's Daimler-Benz and U.S.-based Chrysler. Kerkorian, the Las Vegas casino mogul, accuses German auto boss Juergen Schrempp, who orchestrated one of the biggest deals in automotive history, of having misrepresented it as a merger rather than a takeover. Kerkorian was Chrysler's largest investor the ...

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