Chrysler Group to be sold to private equity firm
OrlandoSentinelCerberus gains more than 80% stake in troubled automaker for $7.4 billion Chrysler's 80,000 workers may pay the price for German-based parent DaimlerChrysler's decision today to turn over the keys of its U.S. car company to private equity firm Cerberus Capital Management for $7.4 billion.
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