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Topic: Business
Number of pages / Number of words: 16 / 4458
Essay's paper body

When DaimlerChrysler decided to send a COO to Mitsubishi Motor, its stock on the New York Stock Exchange fell for the fourth consecutive day to the point of almost hitting below the US$50 line. This was a downfall of over 25% compared to the closing price on March 27, 2000 when the basic agreement was reached over investment in Mitsubishi Motor...


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This was a downfall of over 25% compared to the closing price on March 27, 2000 when the basic agreement was reached over investment in Mitsubishi Motor. With the advancement of the post-merger process being slow between Daimler and Chrysler, investors did not appreciate seeing Mitsubishi Motor in the scene with a consolidated interest-bearing debt of over 1...


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