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It is claimed that it was this hostile takeover bid that designed Chrysler think about a merger with Daimler. He sued Daimler Chrysler in 2000 proclaiming that he had misplaced billions of bucks a result of the merger. His case was turned down since the company was registered in Germany and German rules do not let for stock possibilities. In 2007, he has once again produced a bid of 4.5 billion USD for Chrysler.

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