Merger

... It would appear a strategy consistent with these goals would severely limit any anticipated synergies of the merger. Upon completion of the merger, an industry wide overcapacity existed, and economic conditions suggested a further slowdown in auto sales on the horizon. ... It became apparent to those outside the organization that the merger was more of a takeover by Daimler-Benz than a “merger of equals. ... Since the completion of the merger, Daimler Chrysler stock (DCX) has suffered over a 55% decline.

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