the deal went through, Diamler IS mercedes it HAS sold chrysler to 12 prvt. investors hence"daimler-benz"
The deal is NOT finalized yet, and won't be until later this year.
DaimlerChrysler OWNS Mercedes. Mercedes does not, and never did, OWN Chrysler.
Daimler-Benz ceased to be when the Chrysler "merger" happened and the company was renamed "DaimlerChrysler AG."
DaimlerChrysler AG will be renamed "Daimler AG" when the deal is finalized.
Chrysler Group and Chrysler Financial was sold to Cerberus, a private investor group. Not 12 private investors.
Cerberus will create "Chrysler Holdings LLC", under which there will be "Chrysler Corporation LLC" and "Chrysler Financial LLC."
Daimler retains 19.9% ownership of the new Chrysler, primarily to facilitate the existing contracts and projects between the two companies (purchasing functions, some R&D, and some vehicles like Sprinter.)
Listen to stratuscaster he knows what goin on unlike you