AMERICAN MOTORS <AMO> BOARD MEETING ON TAKEOVER American Motors Corp's board of directors is meeting this morning in New York to consider Chrysler Corp's <C> 1.5 billion dlr takeover offer, an American Motors spokesman said. The spokesman reiterated statements made earlier in the week that the regularly scheduled meeting was being held. The spokesman would not comment on recurring speculation that the board might receive a higher offer from Chrysler. Analysts have said the fact that American Motors' stock has remained above the four dlrs a share Chrysler offer could lead the larger company to raise its bid. The American Motors spokesman said he had not seen any indication that a higher offer would be received from Chrysler, although he added, "I don't know what the conversation is in the meeting." He repeated statements made earlier in the week by the automaker that today's meeting will probably not result in a final decision on the Chrysler bid. "The board first apprised the proposal on the 11th (of March). I suspect there will be several more (meetings) after this," the spokesman said. The meeting is expected to go through early afternoon.