Cerberus Capital Management buys out Chrysler

Three months to the day after DaimlerChrysler (DCX, news, msgs)announced that “all options” were on the table for its struggling U.S. Chrysler unit, private-equity firm Cerberus Capital Management said it would buy an 80.1% stake in Chrysler for $7.41 billion…….

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And my dad actually owns a Chrysler…..

Anyone else?

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