Private equity firm
Cerberus Capital Management will buy the majority of
DaimlerChrysler's [DCX 103.84
1.91 (+1.87%)
]<script> cnbc_quoteComponent_init_getData("DCX","WSODQ_COMPONENT_DCX_ID0EXE15839609","WSODQ","true"); </script>
struggling Chrysler Group for $7.4 billion, a fraction of the $36 billion deal that created the transatlantic car union nine years ago.
Would you like to comment?
Join Diigo for a free account, or sign in if you are already a member.