USA: DaimlerChrysler Completes Cash Tender Offer for Detroit Diesel
DaimlerChrysler (NYSE: DCX) announced today the completion of its $23 per share cash tender offer for all outstanding shares of common stock of Detroit Diesel Corporation (NYSE: DDC). The tender offer expired at 1 p.m. EasternDaylight Savings Time (EDST) on Monday, October 9, 2000, at which timeapproximately 17,508,629 shares of Detroit Diesel common stock were validly tendered, including guaranteed deliveries.
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