DaimlerChrysler merger 1998

URI: https://gptkb.org/entity/DaimlerChrysler_merger_1998
GPTKB entity
Statements (33)
Predicate Object
gptkbp:instanceOf acquisition
gptkbp:announced May 7, 1998
gptkbp:cause cost savings
global expansion
synergy
gptkbp:CEOAfterMerger gptkb:Jürgen_Schrempp
gptkbp:ChairmanAfterMerger gptkb:Jürgen_Schrempp
gptkbp:ChryslerCEOAtMerger gptkb:Robert_Eaton
gptkbp:ChryslerFounded 1925
gptkbp:ChryslerSaleYear 2007
gptkbp:ChryslerSoldTo gptkb:Cerberus_Capital_Management
gptkbp:completedIn November 12, 1998
gptkbp:DaimlerBenzFounded 1926
gptkbp:DaimlerChryslerDissolved 2007
gptkbp:date 1998
gptkbp:headquarters gptkb:Stuttgart,_Germany
https://www.w3.org/2000/01/rdf-schema#label DaimlerChrysler merger 1998
gptkbp:industry automotive
gptkbp:involvedIn gptkb:Chrysler_Corporation
gptkb:Daimler-Benz
gptkbp:notableProductAfterMerger gptkb:BMW_5_Series
gptkb:Chrysler_300
gptkb:Dodge_Magnum
gptkbp:result cultural clash
eventual separation
integration difficulties
gptkbp:resultedIn gptkb:DaimlerChrysler_AG
gptkbp:stockExchange gptkb:New_York_Stock_Exchange
gptkb:Frankfurt_Stock_Exchange
gptkbp:type merger of equals
gptkbp:valuation $36 billion
gptkbp:bfsParent gptkb:Chrysler_LLC
gptkbp:bfsLayer 6