« SEC Considers Proposals on Securities Symbols | Main | ISS Recommends No to New York Times Directors »
April 5, 2007
Kerkorian Prepared to Offer $4.5 Billion for Chrysler
Kirk Kerkorian's Tracinda Corp. sent a letter to DaimlerChrysler stating it was prepared to offer $4.5 billion in cash for Chrysler, subject to completing its due diligence, becoming the first to announce publicly an interest in the company. Kerkorian was a Chrysler shareholder and attempted a takeover prior to Chrysler's 1998 merger with Daimler. See WSJ, Tracinda Is Prepared to Offer $4.5 Billion to Acquire Chrysler.
April 5, 2007 in News Stories | Permalink
TrackBack
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341bfae553ef00d83542398153ef
Listed below are links to weblogs that reference Kerkorian Prepared to Offer $4.5 Billion for Chrysler:
