Sources say Cerberus has been picked up as Chrysler Bidder

Sushubh

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Sources say Cerberus has been picked up as Chrysler Bidder market sources are claiming that DaimlerChrysler has picked up private-equity firm Cerberus Capital Management LP as the finalist in their attempt to sell off their US division Chrysler. An official announcement can come as early as today. Two other bidders in the fray were Canadian auto-parts supplier Magna [...]

Sources say Cerberus has been picked up as Chrysler Bidder