Deal or No Deal? GM/Chrysler merger will be decided in next two weeks
While GM certainly has a stronger product lineup right now, Chrysler may actually have a better cash balance. Would GM absorbing Chrysler and then dispensing with a bunch of brands be enough to save the remnants of both? Or would it simply drag both into the muck at the bottom of the lake? There is certainly plenty of redundancy between the two companies. The disposing of excess tech centers, proving grounds, offices and the like could theoretically help raise valuable cash. That theory, however, is predicated on a market where there would be buyers for those assets, something which currently does not necessarily exist, especially in Michigan. We'll just have to watch and wait. Thanks for the tip, Ian!
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