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Magna International Inc.

10:46 AM EST - Magna International Inc. : DaimlerChrysler AG may receive the first bid for the automaker's ailing Chrysler Group division as soon as Friday and Canadian auto parts maker Magna International Inc. (TSX:MG.B) is in the running, the Detroit News says. The newspaper said three potential buyers for Chrysler were preparing bids late Thursday "in hopes of getting the inside track" ahead of the Stuttgart, Germany-based manufacturer's annual meeting on Wednesday. A private-equity partnership between Blackstone Group and Centerbridge Partners is prepared to present a bid as soon as Friday, the newspaper reported. Magna International Inc. shares T.MG.B are trading unchanged at $88.00.