A Bid To Buy the Chrysler Group?
According to the Globe and Mail, Magna may have found a private equity firm to leverage in a bid to buy Chrysler from Daimler Chrysler. Magna and its unidentified partner “have written a joint letter of interest offering to buy Chrysler for roughly $4.6-billion-$4.7-billion [U.S.], with the supplier looking to take a 20-25 per cent [...]
