Tuesday, May 24, 2016
Current Weather
Loading Current Weather....
Published: Thursday, 4/12/2007

Daimler officials to meet potential Chrysler buyers

DETROIT DaimlerChrysler AG plans to meet in New York with Magna International Inc., Blackstone Group LP, and at least two other prospective buyers for its Chrysler unit as early as today, people with knowledge of the meetings said yesterday.

Ruediger Grube, a DaimlerChrysler management board member who oversees corporate strategy, will meet separately with the suitors, said the people, who didn t want to be identified because the talks are private. Kirk Kerkorian s Tracinda Corp., which made a $4.5 billion bid for Chrysler last week, isn t scheduled for the meetings, the person said.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.