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February 28, 2021
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CHRYSLER
(2007-03-06)
(wgvu) - CHRYSLER IS MEETING THIS WEEK WITH BUYOUT EXPERTS
FROM TWO PRIVATE EQUITY FIRMS.
REPRESENTATIVES FROM CERBERUS CAPITAL MANAGEMENT VISITED THE
COMPANY'S AUBURN HILLS HEADQUARTERS YESTERDAY TO REVIEW THE
AUTOMAKER'S FINANCES. BLACKSTONE GROUP OFFICIALS ARE TO ARRIVE
LATER IN THE WEEK.
ANALYSTS SAY THEY'RE AMONG SEVERAL COMPANIES INCLUDING GENERAL
MOTORS THAT ARE CONSIDERING MAKING A BID FOR CHRYSLER.
DAIMLERCHRYSLER CHAIRMAN DIETER ZETSCHE HAS SAID ALL OPTIONS ARE
ON THE TABLE FOR THE CHRYSLER BUSINESS. HE WON'T RULE OUT A
POSSIBLE SALE.
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ON THE NET:
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(COPYRIGHT 2007 BY THE ASSOCIATED PRESS. ALL RIGHTS RESERVED.)

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