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.

Reports DaimlerChrysler AG Could Take GM Stake As Part of Chrysler Deal

According to reports from the Financial Times, DaimlerChrysler AG (NYSE: DCX) may take a minority stake in General Motors (NYSE: GM) as financial consideration for a deal to merge with the Chrysler unit.

GM In Talks To Purchase Chrysler Group - Report - DJ

GM (NYSE: GM) In Talks To Purchase Chrysler Group (NYSE: DCX) - Report - DJ