Yeah, it might be splitting hairs... but guys this isn't about Mercedes dumping anyone. Mercedes is a peer in the corporate structure to Chrysler. It's DaimlerChrysler (DCX) who would make the call. Sadly, I wasn't a shareholder at the time the acquisition (I never ever viewed the transaction that happened as a merger apart from the renaming of the company) or I would have voted it against it as well. But I am a shareholder now for some time and I must admit I'm pleased to see a run up in the market value.
That said, I don't know that the "merger" has been a failure. The Chrysler unit has been turning out better results than either Ford or GM, especially considering the market. Could they be doing better? Absolutely. But then so could Mercedes.
Part of the advantage of diversification for DCX is that they can sometimes use the wins from one unit to cover the slack for another that isn't performing as well at that moment... and DCX *has* seen this benefit going both directions between the two units over time.
As to the impending deal, I suspect people are reading way too much into it. It might happen, but it's probably a lot more likely it won't. There are a million reasons why the negotiations wouldn't pan out. So I guess we just have to wait and see... but the market seems to be pumping up DCX on the expectation that the sale would occur. Just keep a close eye on that, because if you want to capture profits you don't want to wait too long after the news hits the deal won't happen.
Personally, I think GM would be foolish to acquire Chrysler... they'd pull them both down. GM needs to get it's own affairs in order before even thinking of such a move. Heck, as this point, DCX might be just as likely to acquire GM!