May 2007 Blog Posts (1)

USA Today: Chrysler sold in unprecedented auto deal



By James R. Healey, Sharon Silke Carty, Chris Woodyard and Matt Krantz, USA TODAY



German automaker DaimlerChrysler (DCX), after paying $36 billion for Chrysler in 1998, now is essentially paying a private investment company to take money-losing Chrysler off its hands.



It's a stunning reversal, just one of several stunners in a deal unprecedented in the modern auto industry.



The sale of Chrysler to Cerberus… Continue

Added by M&A Advisor Info on May 15, 2007 at 10:30am — No Comments

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