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REPORT: Cerberus sells more than half of Chrysler and GMAC, Chrysler denies
UPDATE: Chrysler just released the following statement: "Cerberus has not reduced or made any changes to its equity stakes in GMAC or Chrysler since the closing of either transaction. Cerberus continues to have voting control over both investments. It is common knowledge, and has been widely reported, that Cerberus made these investments side-by-side with its co-investors at the time of closing. As a general rule, Cerberus does not commit more than 5% of the capital of any of its funds to any single investment." The Detroit Free Press is ... Read more →
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REPORT: Cerberus sells more than half of Chrysler and GMAC, Chrysler denies 1 year ago on Autoblog
UPDATE: Chrysler just released the following statement: "Cerberus has not reduced or made any changes to its equity stakes in GMAC or Chrysler since the closing of either transaction. Cerberus continues to have voting control over both investments. It is common knowledge, and has been widely ...
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Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.
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