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April 15, 2007
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Chrysler to Build Two Plants in Michigan
Wed, 18 Apr 2007 18:28:22 EDT | New York Times
The company will spend $1.43 billion to build two plants that will make parts for Chrysler and Mercedes vehicles.
Chrysler to build 2 new plants
Wed, 18 Apr 2007 06:05 GMT | CayCompass.com
DETROIT (AP) - DaimlerChrysler AG's Chrysler Group plans to build two new plants in Michigan and upgrade three others.
Magna Chairman Confirms an Offer for Chrysler
Wed, 09 May 2007 23:05:44 EDT | New York Times
The chairman of Magna International confirmed that his company and Onex, a Canadian investment company, have made a bid for Chrysler.
Cerberus may buy Chrysler Group
Sun, 13 May 2007 04:05 GMT | CayCompass.com
AUBURN HILLS, Michigan (AP) - Private equity firm Cerberus Capital Management LLC may be the top contender to buy DaimlerChrysler AG's struggling Chrysler Group, according to a newspaper report.
Equity Firm Appears Likely to Gain Control of Chrysler
Sun, 13 May 2007 17:44:31 EDT | New York Times
DaimlerChrysler appears ready to sell a controlling interest in the struggling Chrysler Group to Cerberus Capital Management.
Chrysler Group to Be Sold to Cerberus
Mon, 14 May 2007 05:31:00 EDT | NPR News Headlines
DaimlerChrysler AG said Monday it will sell more than 80 percent of its money-losing Chrysler Group to private equity firm Cerberus Capital Management LP, unwinding its nearly decade-old deal to merge the U.S. brand with Mercedes-Benz. The German-American automaker said in a statement that an affiliate of Cerberus will acquire 80.1 percent in the new Chrysler Holding LLC while DaimlerChrysler will keep a 19.9 percent stake.
Chrysler Group to Be Sold for $7.4 Billion
Mon, 14 May 2007 05:51:45 EDT | New York Times
DaimlerChrysler agreed today to sell an 80.1% stake in the struggling Chrysler Group to Cerberus Capital Management, which specializes in restructuring troubled companies.
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