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GM, Chrysler Revive Merger Talks

Chrysler's private equity owner signals willingness to give up a stake

By Rob Quinn,  Newser Staff

Posted Dec 18, 2008 1:46 AM CST

(Newser) – General Motors and Chrysler are back in merger talks, reports the Wall Street Journal. Negotiations fizzled weeks ago as both companies viewed a merger as impractical and a potential distraction from federal bailout talks. Chrysler owner Cerberus Capital Management took the initiative to restart talks,...   Read full story »

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