Dow Jones Reports Magna Int'l (MGA) has Contacted Major Labor Unions as Part of Due Diligence Process For Possible Acquisition of Chrysler (DCX)

Dow Jones report says Magna Int'l (NYSE: MGA) has contacted major labor unions as part of the due diligence process in a decision on whether or not to bid from DaimlerChrysler's (NYSE: DCX) Chrysler unit.
The report cites Canadian Auto Workers President, Buzz Hargrove, saying Magna has entered into discussions with the union regarding the study of Chrysler.