Cerberus Buy Out of Chrysler Points to Industry Growth Pains
By now we’re all familiar with the broad details of the Cerberus Capital Management “buy out” of Chrysler. As it shakes out, Daimler will swallow profit losses of around $5.4 billion so, in effect, they paid to dump a company for which they shelled out $37 billion just nine years ago. There’s really little way […]
Posted on May 17th, 2007 by Shorty
Filed under: general | No Comments »
