CHRYSLER &lt;C> IN DEAL TO BUY AMC &lt;AMO>

  Chrysler Corp said it agreed in
  principle with French state-owned Renault to acquire American
  Motors Corp., in which Renault is controlling shareholder,
  under a deal in which AMC stockholders other than Renault would
  receive Chrysler common stock with a market value of four dlrs
  for each AMC common share they hold.
      Chrysler said the letter of intent for the deal, which
  needs government and AMC shareholder and board approval,
  provides that AMC holders will receive not more than .0840 or
  less than .0687 of a share of Chrysler common for each share of
  AMC common they hold.
   more
  

