Tuesday, March 13, 2007

Privaty Equity, again

The pace of activity around a possible sale of DaimlerChrysler AG'S Chrysler Group is accelerating, after several potential buyers met with management before presenting preliminary offers by the end of the month, The Wall Street Journal reported.

The news are not new. Daimler - Chrysler have decided to put Chrysler on sale. The news are the list of potential buyers: The interested private-equity firms include Cerberus Capital Management LLC and a group led by Blackstone Group and Centerbridge Partners LP.

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