Reports: Chrysler, GM discuss merger, acquisition »
Posted By engineer 1 year, 1 month ago in Business & FinanceThe Wall Street Journal , citing people it described as familiar with the discussions, said Cerberus Capital Management , the private equity firm that owns 80.1 percent of Chrysler and 51 percent of GMAC Financial Services , proposed trading Chrysler's automotive operations to GM. The Journal said Cerberus would receive GM's remaining 49 percent stake in GMAC .
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