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All articles by Greg Caruso -
In the heat of summer 1997, Daimler Benz purchased Chrysler for 37
Billion Dollars in a reported business merger of equals. Now, not
quite 10 years later DaimlerChrysler is selling Chrysler for a
reported 7.4 billion dollars for 80% of the firm. If the loss of 30
Billion Dollars in business value is not bad enough apparently the
entire purchase price being paid by the buyer Cerberus will be
placed into Chrysler and not retained by
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