How the Daimler-Benz-Chrysler deal resembled the BMW-Rover deal
There was no due diligence but much euphoria.
Signs of imminent disaster went unnoticed.
When problems occurred, DaimlerChrysler headquarters and BMW were slow to react.
Product lineups in both deals supposedly were complementary. They weren't.
Big shareholders at both companies lost patience.
BMW discarded Rover. What will DaimlerChrysler do with Chrysler?