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Cerberus purchase of Chrysler is still on, despite financing problems

| Findory News

International Herald Tribune: Bankers have been unable to raise the money needed for the purchase of the Chrysler Group by the private equity firm Cerberus Capital Management, but DaimlerChrysler executives said that the deal remained on track.


Ex-Official Is Expected to Return to Chrysler

Fri, 27 Jul 2007 06:06:16 GMT | New York Times

Wolfgang Bernhard will become Chrysler?s chairman after the automaker is purchased by Cerberus Capital Management.


Chrysler-Cerberus Deal Close to Final (AP)

Thu, 2 Aug 2007 21:44:56 GMT | Yahoo! Finance

A historic deal that places Chrysler Group in the hands of private equity firm Cerberus Capital Management LP was expected to close Friday, according to a Chrysler official who asked not to be named because the deal was not yet completed.


Chrysler Could Be Sold to Cerberus Today (AP)

Fri, 3 Aug 2007 12:01:31 GMT | Yahoo! Finance

A historic deal that places Chrysler Group in the hands of private equity firm Cerberus Capital Management LP was expected to close Friday, according to a Chrysler official who asked not to be named because the deal was not yet completed.


Cerberus gains control of Chrysler in historic deal

Fri, 3 Aug 2007 12:30:00 -0400 | CANOE Money

DETROIT (AP) - Private equity firm Cerberus Capital Management took control of Chrysler Group Friday in a $7.4 billion deal that sets the beleaguered 82-year-old automaker on a new path to recovery as a private company.


Cerberus Completes Deal for Chrysler

Fri, 03 Aug 2007 16:31:12 GMT | New York Times

Chrysler today became the only privately held Detroit automaker after the private equity firm Cerberus Capital Management completed its $7.4 billion purchase of a majority stake.


With Sale, Chrysler?s Identity Is Simplified

Sat, 04 Aug 2007 00:27:24 GMT | New York Times

Chrysler became the only privately held Detroit automaker after the private equity firm Cerberus Capital Management completed its $7.4 billion purchase of a majority stake on Friday.


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