Tuesday, May 15, 2007

Majority of Chrysler stock sold off ( now Daimler isn't the big dog )

http://www.classiccar.com/garage/blog/index.php?/archives/266-Chrysler-Sells-for-7.4-Billion.html at bout a 60% loss on the investment Daimler made when they bought Chrysler in 1998.

80% of it is now owned by Cerberus Capital Management