Canadian Company Makes Bid for Chrysler

Summary


DETROIT - Let the bidding begin.

Canadian auto supplier Magna International Inc.'s reported offer of roughly $4.7 billion to buy the Chrysler Group with a partner will likely smoke out other bids for the U.S.-based unit of DaimlerChrysler AG, experts said Friday.

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Canadian Company Makes Bid for Chrysler

Citing unnamed sources, KeyBanc Capi...

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