Wednesday, April 11, 2007
A DaimlerChrysler executive will meet this week in New York with three groups that are bidding for Chrysler -- Blackstone Group, Cerberus, and Magna International. He is apparently not meeting with Kirk Kerkorian, who last week made a surprise bid of $4.5 billion. His bid is either too late or excessively conditional. See WSJ, Daimler to See Bidders -- Minus Kerkorian.