DaimlerChrysler renamed as Daimler AG

DaimlerChrysler renamed as Daimler AG
# 05 October 2007 16:49 (UTC +04:00)
DaimlerChrysler shareholders have agreed to change the company’s name to Daimler AG to reflect the sale of its U.S.-based Chrysler division.
The vote at an extraordinary shareholders meeting was nearly 99 percent in favor of the change, the company said.
The Stuttgart-based company has sold 80.1 of Auburn Hills (Michigan) -based Chrysler to Cerberus Capital Management, a private equity firm, for $7.4 billion. /APA-Economics/

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