One bidder left for Chrysler?

Ever since Chrysler has been on the block, my sources have cautioned that the company is not worth a penny if the buyer takes over Chrysler’s sizeable health and pension liabilities — estimated at around $20 billion. Instead DaimlerChrysler will need to offer a dowry to unload it’s unprofitable US unit. So if a bidder puts $5 billion on the table, for example, Daimler will have to help pay the lion’s share of the liabilities to clinch the sale.

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