CHRYSLER &lt;C> VALUES AMC &lt;AMO> AT 757 MLN DLRS

  Chrysler Corp said it valued its
  proposed buyout of American Motors Corp at 757 mln dlrs, not
  counting the effect of a contingent payment that could reach
  350 mln dlrs based on AMC's future profits.
      A Chrysler spokesman told Reuters that the letter of intent
  signed with Renault, AMC's controlling shareholder with a 46.2
  pct direct stake, includes a provision for Renault to be paid
  35 mln dlrs in cash for AMC's finance subsidiary and 200 mln
  dlrs in the form of an eight pct note. He said he did not know
  the maturity of the note.
  

