Kerkorian Moves in to Try to Seize Chrysler...Again | FerrariChat

Kerkorian Moves in to Try to Seize Chrysler...Again

Discussion in 'General Automotive Discussion' started by Bad Johnny, Apr 8, 2007.

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  1. Bad Johnny

    Bad Johnny Rookie

    Apr 8, 2007
    11
    Dana Point, CA
    Full Name:
    Johnny Begood
    #1 Bad Johnny, Apr 8, 2007
    Last edited by a moderator: Sep 7, 2017
    Kirk Kerkorian, the billionaire investor, is making another effort to buy out the Chrysler Group. His current offer is $4.5 billion (or $4.7 billion, depending on where you read it) for the acquisition of the company from Daimler-Chrysler AG. Kerkorian and Lee Iacocca had tried to buyout Chrysler back in 1995 for estimated sum of $23 billion, but failed. Kerkorian promises that if he purchases Chrysler, he will insure good relations with the UAW in a new effort to rebuild America's third largest automaker.
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  2. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,367
    Indian Wells, California
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    Jon
    #2 Bullfighter, Apr 8, 2007
    Sorry, that car is just hideous.

    If Kerkorian sees that photo, he'll probably drop to $4.4B. The company is beyond repair anyway.
     
  3. Italian_Guy86

    Italian_Guy86 Karting

    Mar 21, 2005
    93
    Oakville, Ontario
    Full Name:
    Alessandro
    #3 Italian_Guy86, Apr 8, 2007
    I think there is hope for the big 3 or 2.5. This is probably a step in the right direction. IMO, the unions are the biggest obstacle in the ressurection of the American car industry.
     
  4. ryalex

    ryalex Two Time F1 World Champ
    Consultant Owner

    Aug 6, 2003
    24,971
    Las Vegas, NV
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    Ryan Alexander
    #4 ryalex, Apr 8, 2007
    That is an embarassingly ugly car - looks like the love child of a Charger and a Chevy Malibu.
     

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