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Cerberus Capital Management buys out Chrysler

Posted By on May 14, 2007

Three months to the day after DaimlerChrysler (DCX, news, msgs)announced that “all options” were on the table for its struggling U.S. Chrysler unit, private-equity firm Cerberus Capital Management said it would buy an 80.1% stake in Chrysler for $7.41 billion…….

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And my dad actually owns a Chrysler…..

Anyone else?

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