Cerberus takes control of Chrysler

Discussion in 'The Coffee Shop ~ Chit Chat' started by ChevyFan, Aug 3, 2007.

  1. ChevyFan

    ChevyFan The Sheriff Staff Member 5+ Years 5000 Posts

    [​IMG]Private equity firm Cerberus Capital Management took control of Chrysler Group on Friday in a $7.4 billion deal designed to set the beleaguered 82-year-old automaker on a path to recovery as a private company.

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