953 nut 66,899 #1 Posted May 7 May 7, 1998, the German automobile company Daimler-Benz—maker of the world-famous luxury car brand Mercedes-Benz—announces a $36 billion merger with the United States-based Chrysler Corporation. The purchase of Chrysler, America’s third-largest car company, by the Stuttgart-based Daimler-Benz marked the biggest acquisition by a foreign buyer of any U.S. company in history. 3 3 Share this post Link to post Share on other sites
