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

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    Johnny Begood
    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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    Last edited by a moderator: Sep 7, 2017
    Bad Johnny, Apr 8, 2007
    #1
  2. Bullfighter

    Bullfighter Two Time F1 World Champ Lifetime Rossa Owner

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    Sorry, that car is just hideous.

    If Kerkorian sees that photo, he'll probably drop to $4.4B. The company is beyond repair anyway.
     
    Bullfighter, Apr 8, 2007
    #2
  3. Italian_Guy86

    Italian_Guy86 Karting

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    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.
     
    Italian_Guy86, Apr 8, 2007
    #3
  4. ryalex

    ryalex Two Time F1 World Champ Consultant Owner

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    That is an embarassingly ugly car - looks like the love child of a Charger and a Chevy Malibu.
     
    ryalex, Apr 8, 2007
    #4

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