Godiwant1
05-30-2007, 05:24 PM
Found this on DealBreaker.com
"For Iacocca and his associates, it seems that the main question is whether the sale to Cerberus is a “deal from hell” or a “hell of a deal.” Although he’s voiced reservations about a private equity firm running Chrysler in the past, Iacocca seems better disposed toward the deal than many expected. He downplays fears that Cerberus will strip the company of valuable and seek a profit from quickly selling it. “Cerberus’ track record…is pretty good in this respect,” he writes."
Seeing as to the "no news" about Chrysler just thought I'd post this.
"For Iacocca and his associates, it seems that the main question is whether the sale to Cerberus is a “deal from hell” or a “hell of a deal.” Although he’s voiced reservations about a private equity firm running Chrysler in the past, Iacocca seems better disposed toward the deal than many expected. He downplays fears that Cerberus will strip the company of valuable and seek a profit from quickly selling it. “Cerberus’ track record…is pretty good in this respect,” he writes."
Seeing as to the "no news" about Chrysler just thought I'd post this.