July 1, 2006

A 3-headed link could vary with stock power

Peter Henning was quoted extensively in another story about GM's proposed partnership with Nissan and Renault, and how a similar maneuver was initiated in 1998 by Chrysler and Daimler-Benz AG - which was later ruled to be a merger in federal court. Henning said as people learned during the contested and controversial DaimlerChrysler union, you can't always trust the labels that companies put on their potential deals. "You can't mislead shareholders, but you can obscure things," he said.

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