Article: Chrysler Shareholders Businesslike in Approving Merger.

Knight Ridder/Tribune Business News

Sep. 19--WILMINGTON, Del.--Chrysler Corp. shareholders Friday overwhelmingly approved the Auburn Hills automaker's merger with German industrial giant Daimler-Benz AG.

The vote marked the penultimate action in a $40-billion merger that would combine the owner of prestige automaker Mercedes-Benz with the tenacious 73-year-old industrial icon whose history is as tumultuous as Detroit's itself.

All that remains is for Daimler-Benz shareholders to exchange their shares for shares in the new company for the deal to be officially completed and DaimlerChrysler AG to be born.

While 15,000 shareholders of ...

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