UPDATE 1-U.S. judge strikes down Daimler argument in suit

Newswire

(Adds company comment, details throughout; adds byline) By Justin Hyde DETROIT, June 25 (Reuters) - A U.S. judge on Wednesday struck down part of DaimlerChrysler call for the dismissal of multibillion-dollar lawsuits over the merger that formed the company, saying investors could not reasonably have suspected the so-called "merger of equals" was a takeover. In his ruling, Delaware District Court Judge Joseph Farnan chided DaimlerChrysler for its claim that media speculation about the ...

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