$4.5 billion bid for Chrsyler - Chicagoland Sportbikes
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post #1 of 8 (permalink) Old 04-05-2007, 05:38 PM Thread Starter
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$4.5 billion bid for Chrsyler

Kerkorian said ready to bid $4.5 billion for Chrysler

He tried to buy them back in the 90s before Benz got them.

Quote:
NEW YORK (Reuters) -- Tracinda Corp., the investment vehicle owned by
billionaire Kirk Kerkorian, is prepared to offer $4.5 billion for the
Chrysler group, the Wall Street Journal reported on its Web site today.
DaimlerChrysler acknowledged for the first time on Wednesday, April 4,
it was talking with prospective buyers about the Chrysler unit, but
would not commit itself to selling the U.S. business.
Sources close to the situation have told Reuters that private equity
groups Cerberus Capital Management and Blackstone Group plus Canadian
car parts group Magna International Inc. are front runners to buy Chrysler.

-Mopar

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post #2 of 8 (permalink) Old 04-05-2007, 05:39 PM
bwa
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yeah, I think he just gave them 100mil just so that no one else can be part of this hearing. Guy has too much money
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post #3 of 8 (permalink) Old 04-05-2007, 05:50 PM
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"Buy It Now" for $4,000,000,000.00?
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post #4 of 8 (permalink) Old 04-07-2007, 12:12 AM
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yup, unfortunately Chrysler sucks. Management ran the company in the ground. It'll take private equity to turn it around. Hopefully, management will be reasonable with the price to make it worth an effort and save an American icon

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post #5 of 8 (permalink) Old 04-07-2007, 02:16 AM
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SOLD!!!! I Just bought it for $1 plus a . I think I paid to much.
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post #6 of 8 (permalink) Old 04-07-2007, 06:57 AM
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where you been rocky? saving up that $1.00?
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post #7 of 8 (permalink) Old 04-07-2007, 09:46 AM
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It would not be the first time someone paid too much money for a Chrysler


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post #8 of 8 (permalink) Old 04-07-2007, 11:17 AM
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Quote:
Originally Posted by Apollo1777 View Post
where you been rocky? saving up that $1.00?
You know it. Started up moto classes this week. F'in cold out there.
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