Wednesday, July 25, 2007

RLPC-UPDATE 1-Chrysler Corp postpones $12 bln auto loan deal

(Reuters) - The automaker is raising cash to help fund Chrysler Group's
buyout from DaimlerChrysler AG by Cerberus Capital
Management.




The buyout is still expected to close because underwriters
remain committed to providing financing, market sources told
RLPC.


Read more at Reuters.com Mergers News

No comments: