	amc imposes hiring freeze due to takeover bid american motors corp amo management has ordered a hiring freeze in view of chrysler corp s c billion dlr takeover bid a spokesman for amc said analysts said the merger is virtually certain to go ahead american motors directors met for five hours wednesday to review the takeover proposal the board expects to be meeting periodically over the next several weeks on the chrysler proposal amc said in its first formal statement since it acknowledged the chrysler proposal on monday chrysler the number three u s automaker has said the merger is motivated principally by its desire to uire amc s profitable jeep business and dealers as well as a new modern car assembly plant in bramalea ontario that means a guaranteed future for much of amc but it leaves in question the fate of many of its plus employees according to industry analysts amc s toledo ohio jeep plant has hourly workers on indefinite layoff while its kenosha wisconsin car plant has another on layoff reuter 
