| Cerberus to buy majority of Chrysler for $7.4 billion in the External News forum at Todd and Tyler Unauthorized Forums - FRANKFURT (Reuters) - Private equity firm Cerberus will buy the majority of DaimlerChrysler's struggling Chrysler Group for $7.4 billion, a ... |
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05-14-2007
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| kenobi     Listens: Z92 - Mornings Join Date: May 2005 Age: 38
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| Cerberus to buy majority of Chrysler for $7.4 billion FRANKFURT (Reuters) - Private equity firm Cerberus will buy the majority of DaimlerChrysler's struggling Chrysler Group for $7.4 billion, a fraction of the $36 billion deal that created the transatlantic car union nine years ago. Cerberus Capital Management gets an 80.1 percent stake in Chrysler and its related financial services business, DaimlerChrysler said on Monday, ending what was billed as a marriage made in heaven but never lived up to the name. The deal, months in the making, puts a major U.S. automaker in the hands of a private equity group for the first time. --- Full Article: Cerberus to buy majority of Chrysler for $7.4 billion | U.S. | Reuters News Source: Breaking News, World, U.S., Video, Investing and Business News & More | Reuters.com |
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05-14-2007
| #2 |
| Always riding the ragged edge of disaster.  Listens: Z92 - Mornings Join Date: May 2005 Age: 38
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| Re: Cerberus to buy majority of Chrysler for $7.4 billion Now lets see which way chrysler parts go... After the first merger they sky rocketed....
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05-14-2007
| #3 |
| Special Members  Listens: Podcast Join Date: Mar 2006 Location: Omaha Age: 28
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| Re: Cerberus to buy majority of Chrysler for $7.4 billion Lets see the where the quality goes
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