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Latest Cerberus Capital Management LP Stories

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2008-12-18 15:52:23

U.S. automaker General Motors Corp. denied reports that it had reopened merger talks with Chrysler LLC, while Chrysler refused to confirm the story. The Wall Street Journal reported Thursday that Chrysler and GM Motors Corp.

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2008-12-18 10:45:54

Chrysler LLC and General Motors Corp.

2006-04-03 08:11:37

By Mark McSherry NEW YORK (Reuters) - General Motors Corp. on Monday said it agreed to sell a 51 percent stake in its financing arm, General Motors Acceptance Corp., to a consortium led by hedge fund Cerberus Capital Management LP for a total of $14 billion.

2006-04-03 06:54:32

NEW YORK (Reuters) - General Motors Corp. on Monday said it had agreed to sell a 51 percent stake in its financing arm, General Motors Acceptance Corp., to a consortium led by hedge fund Cerberus Capital Management LP for $14 billion, payable over three years.

2006-04-03 07:16:12

NEW YORK (Reuters) - General Motors Corp. on Monday said it had agreed to sell a 51 percent stake in its financing arm, General Motors Acceptance Corp., to a consortium led by hedge fund Cerberus Capital Management LP for $14 billion, payable over three years.


Word of the Day
ecotone
  • A transitional zone between two communities containing the characteristic species of each.
The word 'ecotone' comes 'eco-' plus a Greek root meaning 'tension'.