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  • SOLD! Cerberus Purchases Chrysler Corporation for $7.4 Billion

    By: Jeffrey Ross Autotropolis.com Almost nine years to the day since the announcement of the merger and exactly three months to the day since the announcement of a possible sell off, the Daimler and Chrysler names will once again stand alone. It was announced today that Cerberus Capital Management, a private equity firm, purchased an 80 percent ...
    Posted to New Car Reviews (Weblog) by Jeffrey Ross on May 14, 2007
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