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Benz-Chrysler Auto Merger #381891

CBS Evening News for Thursday, May 07, 1998
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(Studio: Dan Rather) Report introduced.

(New York: Anthony Mason) Merger between auto companies Daimler-Benz and Chrysler announced; announcement of no planned job layoffs mentioned; brief historical items about both companies given; some major shareholders mentioned. [Daimler-Benz chairman Jurgen SCHREMPP - announces company name: Daimler-Chrysler.] [In 1980s, President Ronald REAGAN - gives speech at Chrysler after the 1980's slump.] [SCHREMPP - says the merger is good for both companies.] [Chrysler chairman Robert EATON - says he will step down after 3 years.] [Detroit Chrysler EMPLOYEES - express opposing views.]

(Studio: Dan Rather) A very possible Rolls-Royce/Volkswagen auto merger announced.

Mason, Anthony;
Rather, Dan

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