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Cerberus Takes Control of Chrysler: Private equity firm takes 80% control of Chrysler

906 Views 6 Replies 4 Participants Last post by  Jinx
DETROIT -- It's official -- the 1998 transatlantic merger that was supposed to change the auto industry has ended.
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I'm a little leary of Cerberus..they're buying companies up left and right. They bought Remington, too. And a lot more I can't remember.

For some reason, I'm having a semi-bad feeling about this company buying everything up. Kinda like when that Bowling company bought out Harley-Davidson.

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