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When two giant auto makers Chrysler corporation and diamler Benz merged to form a single coropation which type of merger was it?
Wiki User
∙ 9y ago
The merger was to be a merger of equals but did not actually follow this model very closely at all. The merger was accomplished by Daimler-Benz purchasing 92 percent of Chrysler in an exchange of shares. The shares were valued at $37 billion at the time.
Wiki User
∙ 9y ago
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