So who bought them?

[amigo7dfw]

German-based DaimlerChrysler said Monday it will sell almost all of money-losing Chrysler to a private equity firm for $7.4 billion, backing out of a troubled 1998 takeover aimed at creating a global automotive powerhouse.

[david austin]

cerberus 80.1% daimler to keep 19.9%

remember though that daimler paid 30+bil for chrysler a few years ago.

[amigo7dfw]

Originally Posted by david austin

cerberus 80.1% daimler to keep 19.9%

remember though that daimler paid 30+bil for chrysler a few years ago.

but they still get raises? and blue collars get the short boot.