Quote:
Originally Posted by lio45
On the other hand, a mere $2 billion would probably give Cerberus immediate absolute control of GM...
($2 billion = you can buy over half of GM @ over $7 a share... current market price is in the $4s a share range)
That's probably the most realistic way to merge the two automakers.
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and if Cerberus waits til end of the month for the Red Ink Tag Sale they might be able to finance that $2 Billion at ZERO percent on GMAC's final 72 month contract. and if any of their executives participated in a recent lunar landing there is a coupon stackable with the financing. they better hurry though before the offer ends...
oh, almost forgot, since they own a non GM car company they qualify for a $50,000 instant value certificate.