Local/State News
GERMANY-DAIMLERCHRYSLER
CLEARED THE WAY FOR THE CHRYSLER SALE TO A PRIVATE EQUITY FIRM.
THE COMPANY'S MONEY LOSING AMERICAN UNIT IS BEING SOLD FOR $7.4 BILLION DOLLARS TO CERBERUS CAPITAL
MANAGEMENT.
A DAIMLERCHRYSLER STATEMENT FROM GERMANY SAYS THE BOARD APPROVED
THE REALIGNMENT IN THE FORM SUBMITTED BY MANAGEMENT.
(COPYRIGHT 2007 BY THE ASSOCIATED PRESS. ALL RIGHTS RESERVED.)
© Copyright 2021, wgvu
(2007-05-16)
BERLIN (AP)
(wgvu) -
DAIMLERCHRYSLER'S SUPERVISORY BOARD HAS FORMALLYCLEARED THE WAY FOR THE CHRYSLER SALE TO A PRIVATE EQUITY FIRM.
THE COMPANY'S MONEY LOSING AMERICAN UNIT IS BEING SOLD FOR $7.4 BILLION DOLLARS TO CERBERUS CAPITAL
MANAGEMENT.
A DAIMLERCHRYSLER STATEMENT FROM GERMANY SAYS THE BOARD APPROVED
THE REALIGNMENT IN THE FORM SUBMITTED BY MANAGEMENT.
(COPYRIGHT 2007 BY THE ASSOCIATED PRESS. ALL RIGHTS RESERVED.)
© Copyright 2021, wgvu