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The Chrysler Sale Passes Inspection

Posted in Chrysler by will bee | June 19th, 2007 | Leave a Reply |

chrysler sale gets federal approval

Federal Anti-Trust regulators announced today there approval of the sale of the Chrysler Corp to Cerberus Capital Management. The announcement came ahead of the 30-day period the Federal Trade Commission is alloted to make these decisions. The $7 Billion purchase from DaimlerChrysler is scheduled to conclude some time in the third quarter.

Source[Detroit News]

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