DaimlerCrysler to feather nest

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AUBURN HILLS, Mich. -DaimlerChrysler says it plans to launch an expected US $2.5-billion global bond issue in the very near future.

There is no word yet on whether the global auto and truck giant may be looking to go on a shopping spree.

While the company has a large presence in Europe under the Mercedes banner, the issuing entity will be DaimlerChrysler North America Holding Corp., which is based in Auburn Hills, Mich.

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