Friday, March 23, 2007

DaimlerChrysler



DaimlerChrysler , the German carmaker, gained over 6% today as speculation intensifies over a possible sale of the group's Chrysler unit.

KeyBanc indicated that MGA and a private equity partner have written a joint letter of interest offering to buy Chrysler for roughly $4.6-$4.7 bln, with the supplier looking to take a 20-25% stake.

DCX is at a 7 year high closing at 82.36 up 6.13% from yesterday's close.

Posted by Kevin

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)
Money-Making Ideas

DISCLAIMER

This site may include market analysis. All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets. Trading and investing involves high levels of risk. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise.
 
Google
Technorati Profile Finance Blogs - Blog Top Sites