TITLE

SEC refutes DCX claim on Chrysler deal

AUTHOR(S)
Ostle, Dorothee
PUB. DATE
May 2001
SOURCE
Automotive News;5/21/2001, Vol. 75 Issue 5931, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Focuses on the refutation issued by the United States Securities and Exchange Commission on the contention of Daimler-Benz AG that it was prevented by U.S. law from conducting due diligence on Chrysler Corp. in 1998 before acquiring the automaker. Financial problems of Chrysler; Failure of Daimler to delve deeply into Chrysler's financial status; Impact of the statement on shareholder lawsuits filed against Daimler.
ACCESSION #
4498839

 

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