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What is Daimler-Chrysler Merger: A Failure Analysis about?

The 9-year merger between Daimler and Chrysler has ended with Cerberus Capital Management acquiring an 80.1% stake in Chrysler. Daimler will keep a 19.9% stake. The $36 billion merger in 1998 was billed as a "merger of equals" but turned out to be anything but, as Daimler came to control the combined company. The merger failed to achieve expected synergies between the companies, as Daimler

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jsevillaonline

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