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Chrysler confirms merger talks

nardelli_chrysler_555.jpg

This is interesting if for no other reason that Chrysler's CEO, Bob Nardelli, has confirmed that there have been discussions with other parties "interested in exploring future possibilities." He added that no final decision has been made one way or the other. It's unusual that such a comment would be made on a topic like this. I guess, with all the news on this possible merger over the last few days, Nardelli felt something needed to be said.

Full story here.

Also, GM is not the only suitor for Chrysler. Renault-Nissan, Fiat and Tata have expressed interest as well.

Full story here.

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1 Comment

estreka says:

01:59 AM, 10/15/08

The sooner they can get Nardelli out of there, the better.

Now, how much will Chrysler be sold for? I'm guessing $1.2B. Any takers?

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