This extension letter states the new period of lease from the old and soon-to-be expire period. This notification will allow the tenant to continue with the currently rented property. New terms and conditions of the contract may be included in this letter. From: Matthew Middleton.
DaimlerChrysler Takes Ownership of Detroit Diesel in $700 Million Deal. DaimlerChrysler became the sole owner of Detroit Diesel by purchasing the outstanding 78.7 percent of the Redford, Mich., company's stock.
From the 1930s into the 1950s, GM Diesel Power served as the marine and industrial sales agency for all the GM divisions building diesel engines, including Detroit Diesel, Cleveland Diesel, and Electro-Motive Division. Under this arrangement, vessel sets of engines were often sold and installed as a single order.