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Re: GM would need cash to acquire Chrysler
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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I fear that is the plan but was afraid to say so.
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