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Magna, equity firm make $4.7-billion bid for Chrysler, report says »

Posted by: pagey 2 years, 9 months ago

Archived 20 0 drops

Canadian auto supplier Magna International Inc. and a private equity partner have made a bid to buy the Chrysler Group for about $4.7 billion, according to an analyst report sent early this morning by KeyBanc Capital Markets.

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Submitted By:

pagey

Hi Everyone, thanks for the visit and check out my group
.http://www.propeller.com/groups/automotive/

“Sometimes I think the surest sign that intelligent ...

This Story is Archived and Commenting is Closed

Comments: 3

Avg rating: (+10/-7 3)
STONERS
March 23, 2007, 1:17 p.m.
Great submission,thanks pagey....
Avg rating: (+7/-1 6)
pagey
March 23, 2007, 2:59 p.m.
It seems like a lowball offer since this article staes that Chrysler is worth 6 billion.
http://autos.netscape.com/story/2007/03/20/goldman