The requested resource (/media/wgvu/header/pb/header.html) is not available
Last updated 9:07AM ET
March 5, 2021
Search NewsRoom
Search NewsRoom
go
Advanced Search
Tools
Tools
Local/State News
Local/State News
GERMANY-DAIMLERCHRYSLER
(2007-05-16)
(wgvu) - DAIMLERCHRYSLER'S SUPERVISORY BOARD HAS FORMALLY
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