OT: Cerberus/Chrysler (From the Dodge Truck Newsgroup)

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I'm sorry, WTF is Cerberus? I only know the name as a now defunct fire alarm apparatus company.

Reply to
WindsorFox

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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Reply to
Joe

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I would love to see some new blood in the domestic auto industry. Lord knows it is desperately needed.

Reply to
Michael Johnson

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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...

Reply to
WindsorFox

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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.

Reply to
Michael Johnson

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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. ;-)

Reply to
GILL

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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Reply to
Joe

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I wonder if this will mark the return of the K car.

Reply to
WindsorFox

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More meth gettomobiles YEAH!

Reply to
GILL

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