GM's Latest Retooling: The Chrysler Merger
General Motors (GM) is getting closer and closer to taking Chrysler off the hands of its owner, private equity giant Cerberus Capital Management. If GM can come up with funds—perhaps as much as $10 billion—from the government (BusinessWeek.com, 10/28/08) to solve its problems and help restructure the smallest of the Big Three, it could be a done deal.
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