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October 24, 2008 · 5:55AM

Cerberus Seeks “Meaningful” Control In GM-Chrysler Combo

Cerberus is reportedly looking to retain a “meaningful stake” in the company that could potentially emerge from a Chrysler tie-up with General Motors.  The private-equity firm, which owns an 80% stake in Chrysler, is also likely to push for a management shake-up at General Motors. (WSJ)

Categories: Business & Finance Today · Financial Services · Markets, Economic News · Transportation

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