In a GM Merger, Half of Chrysler's Plants Could Close
The U.S. government is poised to keep any of Detroit's automakers from going bankrupt, and lawmakers and the companies are looking for every avenue for Uncle Sam to provide the companies with fresh capital (BusinessWeek.com, 10/28/08). The moves, expected to help General Motors (GM) pull off its acquisition of Chrysler, may require passing new legislation during next month's lame-duck session of Congress.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.