xcel

Equity firm Cerberus likely buyer of Chrysler.

DETROIT - Private equity firm Cerberus Capital Management LP likely will be the winning bidder to buy Chrysler Group from DaimlerChrysler AG, and an announcement could come as early as Monday, a company official said Sunday. The official, who spoke on the condition of anonymity because negotiations still have not been finalized, said no announcement would be made Sunday.

Equity firm Cerberus likely buyer of Chrysler.
xcel, May 14, 2007
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