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Chrysler in Preliminary Merger Talks with GM
16th November 2008
According to separate reports in The New York Times and The Wall Street Journal, two of the most iconic and troubled…. names in the American industry, General Motors and Chrysler LLC, have been in preliminary talks the past month or so concerning a possible merger. It is also reported that Cerberus Capital Management, the private equity firm that owns Chrysler LLC is also holding talks with other automakers including the Renault - Nissan Group.
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