Subscriber Content Preview

Daimler Reaches Agreement On Separation From Chrysler

DETROIT (Dow Jones) -- Daimler AG (DAI) said it signed a binding agreement Monday to give up its 19.9% remaining stake in Chrysler LLC and pay as much as $600 million into the auto maker's pension fund.

The deal, once completed, means the relationship between Daimler and Chrysler will be terminated excepted for supplier and customer relations - including limited support for dealer financing until the end of September. The ...

Copyright 2008 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit

www.djreprints.com