View Single Post
  #1  
Old 05-14-2007, 07:56 AM
al76slc al76slc is offline
Registered User
 
Join Date: Mar 2006
Posts: 201
Daimler Hands Chrysler to Cerberus, Ends Nine-Year Investment

http://www.bloomberg.com/apps/news?pid=20601087&sid=af3dBz1lPZ2U&refer=home

What a disaster!

Anybody see anything positive that came out of it?

Also Chrysler worth only $7.4B (for 80%) so only $9.25B for 100%??? Seems cheap.

Wall Street Journal etc. (Dow Jones) worth $5B to Murdoch.
Reply With Quote