Re: Daimler confims talks to dump Chrysler

From: kerib@ptd.net
Date: Wed Apr 04 2007 - 16:10:46 EDT


I have $1,000 that says that Toyota does not buy Chrysler. I think Magna has
the inside track, but Blackstone/Centerbridge has submitted an acctractive
bid. The expected sale price is about $6bbn

Thx
Tom Byrne

"WiLieR[SS]" <waffle787@gmail.com> said:

>
> Let's thicken it even more. A local dodge dealership just closed
> overnight with no announcements and now all their inventory, both new
> and used is sitting in the toyota dealer lot. Coincidence? Hmmmmmmm
>
> WiLieR
>
> - Original message -
> http://www.msnbc.msn.com/id/17944679/ <snip> BERLIN - DaimlerChrysler
> AG is confident a turnaround program at its Chrysler unit will return
> the beleaguered American brand to profitability, but Chairman Dieter
> Zetsche said Wednesday the automaker is in talks with unidentified
> potential buyers.
> <snip> The plot thickens....
>
> On 4/4/07, msnbcnnbcbs@hotmail.com <msnbcnnbcbs@hotmail.com> wrote:
> >
> > http://www.msnbc.msn.com/id/17944679/
> >
> > <snip>
> > BERLIN - DaimlerChrysler AG is confident a turnaround program at its
> > Chrysler
> > unit will return the beleaguered American brand to profitability, but
> > Chairman
> > Dieter Zetsche said Wednesday the automaker is in talks with unidentified
> > potential buyers.
> >
> > "As announced on Feb. 14, we are open to all options for future
> > collaboration
> > with Chrysler," he told some 9,000 shareholders crammed inside Berlin's
> > exhibition center. "The statement is still true today."
> >
> > He said that the talks have been with "potential partners who have shown a
> > clear interest" and "so far, I am satisfied with the process. Everything
is
> > going according to plan."
> > Story continues below &#8595;advertisement
> >
> > He would not elaborate on who was involved in the talks.
> >
> > Zetsche stunned the automotive world on Feb. 14 when he said that
continued
> > losses and fierce competition in the United States meant that the
> > German-American automaker was considering all options for its Chrysler
unit,
> > and did not rule out a possible sale, saying only that all options were
> > being
> > considered.
> > <snip>
> >
> > The plot thickens....
> >
>
>

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