truitt44@...>
05-14-2007, 02:30
Daimler Chrysler confirmed Monday that it would sell a controlling interest in
its struggling Chrysler Group to "Cerberus Capital Management of New York", [The
owners of Bluebird, Ft. Valley, Ga.] a private equity firm that specializes in
restructuring troubled companies. The price being paid is $7.4 billion, mostly
in the form of capital that Cerberus will put into Chrysler.
I guess they are going to change the name from Bluebird Wanderlodge to
Chrysler Wanderlodge 430 SL..
Howard Truitt
Camilla, Ga.
86 PT40
its struggling Chrysler Group to "Cerberus Capital Management of New York", [The
owners of Bluebird, Ft. Valley, Ga.] a private equity firm that specializes in
restructuring troubled companies. The price being paid is $7.4 billion, mostly
in the form of capital that Cerberus will put into Chrysler.
I guess they are going to change the name from Bluebird Wanderlodge to
Chrysler Wanderlodge 430 SL..
Howard Truitt
Camilla, Ga.
86 PT40