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Old 05-14-2007, 03:28 PM
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Emthusiast
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Default Re: Chrysler bought by Cerberus for $7.4B

This was stated on MSN... "The expectation is that Cerberus will do some cutting and slashing to try to make it leaner and then turn around and selling it," Tynan said.

Looks like Cerberus is planning to sell CHRYSLER after the restructuring. I think it is bad news for CHRYSLER that a soon to be middle man (Cerberus) is going to restructure it.