That is correct.
Zoltan
----- Original Message -----
From: "Andrew Grebneff" <andrew.grebneff@STONEBOW.OTAGO.AC.NZ>
To: <vanagon@GERRY.VANAGON.COM>
Sent: Wednesday, August 24, 2005 4:01 PM
Subject: Re: Diamler chrysler vw...

> >When that merger was going on I was watching a lot of the european
> >accounts
>>because  the US papers were not being told much.  It was interesting to
>>watch.  It was going to be a merger of equals with chrysler actually being
>>up about 1 percent.  However as the 2 year discussions and paperwork
>>between
>>government agencies in about 6 countries went on, chrysler went down in
>>value again as mercedes went up in value.  When it was finally signed
>>final
>>daimler was at about 60 percent of the value and chrysler was down to
>>about
>>40 percent (chrysler had to sign away all military contracts).  Now it is
>>no
>>longer a merger but a coup.
>
> it was NEVER intended to be a merger. It was an outright buyout by
> Mercedes. It was cynically called a "merger" in the US to try to
> forestall "patriotic" backlash.
> --
> Andrew Grebneff
> Dunedin
> New Zealand
> Fossil preparator
> <andrew.grebneff@stonebow.otago.ac.nz>
> Seashell, Macintosh, VW/Toyota van nut
>
> HUMANITY: THE ULTIMATE VON NEUMANN MACHINE
>
> DEMOCRACY: RULE BY THE LOWEST COMMON DENOMINATOR
>