SEC refutes DCX claim on Chrysler deal

Ostle, Dorothee
May 2001
Automotive News;5/21/2001, Vol. 75 Issue 5931, p1
Trade Publication
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.


Related Articles

  • New D/C marketing plan fans brand worries. Ostle, Dorothee // Automotive News;12/21/1998, Vol. 73 Issue 5798, p8 

    Looks into the concerns of German executives over the merger of business operations of Daimler-Benz and Chrysler under DaimlerChrysler AG. Concern over the Chrysler-style sales and marketing organization; Executives in key positions.

  • Independence has had its day. Eisenstein, Paul // Professional Engineering;04/05/2000, Vol. 13 Issue 7, p22 

    Focuses on developments related to the global automobile industry as of April 5, 2000. Merger and acquisition deals among car companies; Merger between Daimler-Benz and Chrysler; Mergers' impact on the car industry.

  • American Design. Sawyer, Christopher A. // Automotive Design & Production;Jun2003, Vol. 115 Issue 6, p36 

    Talks about the return of the concept national identity design in the automobile industry in the U.S. as of June 2003. Benefits of a merger with Daimler-Benz to Chrysler Group; Description of the design of automobiles developed by Chrysler; Comment from Trevor Creed, senior vice president of...

  • Carmakers' pension plans a mixed marriage. Barr, Paul G. // Pensions & Investments;5/18/1998, Vol. 26 Issue 10, p3 

    Reports on the pension fund merger between Chrysler Corporation and Daimler-Benz AG. Information on the two car companies, Chrysler and Daimler-Benz; When the two companies announced their merger; Value of merger.

  • Mega merger may shake up auto suppliers. Pryweller, Joseph // Plastics News;5/11/1998, Vol. 10 Issue 11, p4 

    Reports on the effect of the merger of Chrysler Corporation of Michigan and Daimler-Benz Ag of Germany, on the automobile industry. Creation of the company DaimlerChrysler AG; Statements from Robert Albert, North American division president for supplier Siebe Automotive; Effects of the merger...

  • Goodbye to Chrysler, and all that. Buchanan, Patrick J. // Enterprise/Salt Lake City;05/25/98, Vol. 27 Issue 48, p20 

    Comments on the sale of Detroit, Michigan-based Chrysler Corp. to Germany's Daimler Benz AG. Reaction of the automobile industry on the deal; Problems with the transfer of Chrysler to foreign control; Analysis of the United States' foreign trade dependency.

  • DC deal breezes through D.C. Stoffer, Harry // Automotive News;8/31/1998, Vol. 73 Issue 5782, p3 

    Focuses on the effects that the merger of Chrysler Corp. and Daimler-Benz AG had on the automobile industry in Washington. Views of Robert Liberatore, Chrysler Corporation's vice president for Washington affairs; Hiring of Jack Quinn, former White House counsel, to assist in the company in...

  • Year of the mega-merger. McCracken, Jeffrey // Crain's Detroit Business;01/25/99, Vol. 15 Issue 4, p1 

    Focuses on merger and acquisition activities in Detroit, Michigan in 1998. Mergers in the automobile industry; Chrysler Corp.'s merger with Daimler-Benz AG; Total worth of the deals; Factors that drove the merger and acquisition market.

  • Auto M&A Heats Up. Abrams, Sandra Lea // Investment Dealers' Digest;4/9/2007, Vol. 73 Issue 14, p12 

    The article presents information on the increase in mergers and acquisitions in the automobile industry in the U.S. According to John Casea, managing director of Casesa Shapiro Group, this is because of legacy business, due to which companies run out of capital. In May 1998, Daimler-Benz AG...

  • Top award goes to DaimlerChrysler. Cooper, Ron // Investment Dealers' Digest;12/14/98, Vol. 64 Issue 50, p19 

    Reports that the merger between automobile manufacturers Germany's Daimler-Benz AG and the United States' Chrysler Corp. has been voted as the top breakthrough deal by the `Investment Dealers' Digest' periodical. Investors' warm reception to the shares of DaimlerChrysler AG since trading started...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics