(Reuters) - ROCHESTER, Mich., July 11 - Cerberus Capital Management Chairman John Snow said on Wednesday that the private equity firm is committed to making Chrysler Group a successful automaker. "We're committed to Chrysler. We're committed to making it an enormous success," Snow said to an audience of about 700 at the Detroit Economic Club.
Cerberus had agreed to buy the majority of automaker DaimlerChrysler's struggling Chrysler Group for $7.4 billion in May.
Read more at Reuters.com Mergers News
Cerberus had agreed to buy the majority of automaker DaimlerChrysler's struggling Chrysler Group for $7.4 billion in May.
Read more at Reuters.com Mergers News
No comments:
Post a Comment