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On this day: May 7

Published On: May 06 2013 02:54:21 PM CDT   Updated On: May 07 2013 01:00:00 AM CDT

Joan of Arc leads the French to victory, the Germans sink the Lusitania, the Nazis surrender, the 27th Amendment is ratified after two centuries, and Mercedes-Benz and Chrysler announce a $40 billion merger, all on this day.

OTD May 7 - DaimlerChrysler
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Jessica Rinaldi/Reuters

1998: Mercedes-Benz announces plans to buy Chrysler for $40 billion and form DaimlerChrysler in the largest industrial merger in history.

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