Reports: Chrysler, GM discuss merger, acquisition »

Posted By engineer 8 months, 3 weeks ago in Business & Finance

The 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 .

Read Full Story at news.yahoo.com »

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engineer

Hi My background is Biomedical engineering with an MBA As you know from all my comments where I almost stand politically. I have loads of ...

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