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OT: Cerberus/Chrysler (From the Dodge Truck Newsgroup)
Apr 02, 2007
9 Replies
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I'm sorry, WTF is Cerberus? I only know the name as a now defunct fire alarm apparatus company.
WindsorFox wrote in news:qMlQh.16734$ snipped-for-privacy@newsfe19.lga:
They're only one of the biggest capital investment firms in the country:
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I would love to see some new blood in the domestic auto industry. Lord knows it is desperately needed.
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So, what you're saying is that Chrysler has a good chance of being bought by a company that specializes in bean counting. Great. Mercedes sucks the technology out of it that they wanted and now throws it on the auction block. Real nice...
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I think Chrysler got much more technology from Mercedes than vice versa. If they hadn't gotten the 300, Crossfire etc. from Mercedes leftovers I wonder if Chrysler would have survived the past few years. Not to mention all the drive train tech they are using that have roots in Mercedes' engineering.
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I'm sure MB wants to get their money back from the merger deal, but sell it to someone that doesn't know cars? Ohhhhh yeah, have your strudel and eat it too. ;-)
GILL wrote in news:zqydnfRe2ulyb4_bnZ2dnUVZ snipped-for-privacy@comcast.com:
Apparently, the two top bidders (Blackstone and Cerberus) are both private equity firms. Here's some of the latest:
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I wonder if this will mark the return of the K car.
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More meth gettomobiles YEAH!
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