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May 14, 2007

Chrysler Sold to Cerberus Capital Management for $7.4 Billion : GlobalGiants.com

Chrysler Sold


Photo: DaimlerChrysler CEO Dieter Zetsche (R) and John W. Snow (L) Chairman Cerberus Capital Management shake hands during the Daimler Chrysler press conference on May, 14 2007 in Stuttgart, Germany. German-US auto giant DaimlerChrysler said on Monday it had agreed to sell control of its loss-making US arm Chrysler to private equity firm Cerberus, for 5.5 billion euros or 7.4 billion dollars. (Getty Images) |GlobalGiants.com|


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Edited & Posted by the Editor | 12:43 PM | Link to this Post




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