What Happened on May 7, 1998

Day of the Week: Thursday

Historical Events

  • Mercedes-Benz buys Chrysler for $40 billion USD and forms DaimlerChrysler in the largest industrial merger in history.

Famous Deaths

  • Allan McLeod Cormack, South African physicist, Nobel laureate (b. 1924)
  • Eddie Rabbitt, American country singer (I Love a Rainy Night), dies at 56