By RJ Vogt ( February 23, 2018, 9:14 PM EST) -- The founder and chair of Chinese automobile giant Zhejiang Geely Holding Group, which owns Volvo Cars, Geely and other car companies, has acquired a 9.69 percent stake in Mercedes-Benz's parent company Daimler AG worth roughly $9 billion, according to a Daimler announcement on Friday....
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