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AD.COM - DCX Upheld by US Judge in Kerkorian Merger Suit [Archive] - Auto Industry Forum

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View Full Version : AD.COM - DCX Upheld by US Judge in Kerkorian Merger Suit


AutomotiveDigest
04-10-2005, 07:32 PM
Summary:

"Billionaire Kirk Kerkorian lost the suit he brought against DaimlerChrysler alleging fraud in the company's 1998 merger. Federal Judge Joseph J. Farnan, Jr. dismissed all arguments advanced by Kerkorian's legal team. Kerkorian's plea for $1 billion in damages has cost about $50 million in legal fees."

To view full Digest, visit: http://www.automotivedigest.com/view_art.asp?articlesID=15424

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