Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Wednesday, April 4, 2007

DaimlerChrysler in Talks to Sell Chrysler

DaimlerChrysler confirmed it was in talks to sell Chrysler with unidentified potential buyers.  It will be unlikely to realize anything close to its 1998 purchase price of $36 billion. Chrysler lost $1.5 billion in 2006 and has a $19 billion liability for health care costs.  See NYTimes, DaimlerChrysler in Talks on Chrysler; WSJ, DaimlerChrysler Confirms Talks Over Future of Chrysler Division.

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Tracked on May 1, 2007 7:40:05 PM

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