Tuesday, 03 July 2007

EU approves purchase of Chrysler by Cerberus

(Reuters) - In May, DaimlerChrysler agreed to shed most of its stake in the money-losing Chrysler Group by agreeing to pay a $1.55 billion sweetener to clinch a deal for Cerberus to take over the U.S. automaker.




Read more at Reuters.com Mergers News

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