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+--- Thread: Breaking News (/showthread.php?tid=4898)
Breaking News - truitt44@...> - 05-14-2007 02:30
Daimler Chrysler confirmed Monday that it would sell a controlling interest in
its struggling Chrysler Group to "Cerberus Capital Management of New York", [The
owners of Bluebird, Ft. Valley, Ga.] a private equity firm that specializes in
restructuring troubled companies. The price being paid is $7.4 billion, mostly
in the form of capital that Cerberus will put into Chrysler.
I guess they are going to change the name from Bluebird Wanderlodge to
Chrysler Wanderlodge 430 SL..
Howard Truitt
Camilla, Ga.
86 PT40
Breaking News - pattypape - 05-14-2007 02:59
Check out the Web Site of the Cerberus Porfolio.
http://www.cerberuscapital.com/port_comp_pro.html
In addition to Bluebird & Chrysler Corp. There are several other
transprotation related industries.
National & Alamo Car rental, GMAC, NorthAmerican Bus, GDX Automotive,
TTL trailers, Aviation etc.
Then there is: Meryvn's, Sports Brands Apparel, Tandem Staffing etc.
A very impressive variety of Businesses.
This is the local Detroit News for 5/13/07.
http://detnews.com/apps/pbcs.dll/article?
AID=/20070513/UPDATE/705130357
Bill 88 FC Michigan
--- In WanderlodgeForum@yahoogroups.com,
>
> Daimler Chrysler confirmed Monday that it would sell a controlling
interest in its struggling Chrysler Group to "Cerberus Capital
Management of New York", [The owners of Bluebird, Ft. Valley, Ga.] a
private equity firm that specializes in restructuring troubled
companies. The price being paid is $7.4 billion, mostly in the form
of capital that Cerberus will put into Chrysler.
>
> I guess they are going to change the name from Bluebird Wanderlodge
to
> Chrysler Wanderlodge 430 SL..
> Howard Truitt
> Camilla, Ga.
> 86 PT40
>