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ID: 30245
Title: GM offered Daimler GM stock in Chrysler bid: report (Reuters)
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General Motors introduces the 2008 Chevrolet Malibu vehicle during media days of the 2007 North American International Auto Show in Detroit, Michigan January 9, 2007. Shares of General Motors Corp., which surged last year on early turnaround indications, could stall now as the automaker comes to terms with sliding market share and continued cash burn, according to analysts. (Rebecca Cook/Reuters)Reuters - General Motors Corp. offered DaimlerChrysler AG (DCXGn.DE) a stake of less than 10 percent of its own stock in an early, "longshot" bid to acquire Chrysler Group, the Detroit News reported on Monday.
Category: Business/
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Date Added: March 26, 2007 04:59:46 PM
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