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.
In 2014, the widow of the late carmaker sued the unaffiliated Texas-based DeLorean Motor Company for misuse of trademarks and images which were never purchased after the bankruptcy of the original DMC, claiming that they were still owned by the estate of John Z. DeLorean.