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/ 21 May 2007

Schrempp goes to the dogs

"Isn’t this a glorious day!" declared Jürgen Schrempp in Stuttgart on October 26 1998, according to a Business Week reporter. Schrempp, then chief executive of Daimler-Benz, had good reason for his exuberance. He had just engineered the biggest industrial merger in history — between his company, Daimler, and American giant Chrysler.