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Kerkorian Chrysler Bid May Be First of Several

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Kerkorian Chrysler Bid May Be First of Several

Business

Kerkorian Chrysler Bid May Be First of Several

Kerkorian Chrysler Bid May Be First of Several

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  • <iframe src="https://www.npr.org/player/embed/9409834/9409835" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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Investor Kirk Kerkorian has bid $4.5 billion to buy the troubled automaker Chrysler from its German parent. At least two other investment groups have reportedly expressed interest in buying Chrysler. The Kerkorian offer would offer equity stakes to the United Auto Workers and senior Chrysler managers.