Cerberus Capital Management LP, wading into the politics of a U.S. auto-industry bailout, would give up any profit on a future sale of Chrysler LLC should the company receive federal financial aid. Chrysler also expects the U.S. government to take a stake in the company in any rescue, CEO Bob Nardelli said yesterday. Federal backing [...]

First, I want to point out that most mergers in history are not successful.  Second, I would like to point out that most mergers happen between a company that is doing well and a company that is doing poorly or between a company that is doing well and a company that is doing ok.  I [...]

Renault-Nissan has a presence in the US market through Nissan, but it’s a small one.  The company has been looking for a partner in the US for some time now, they’ve proposed alliances with GM in the past.  Now, at a time when Cerberus seems like it wants to get out of the car business [...]

Reuters is reporting that Cerberus Capitol Management is not looking to sell it’s stake in Chrysler.  Rather it would like to buy up a portion (or all) of whomever they make their deal with to combine the two automakers. “Cerberus executives have maintained repeatedly that they believe in the industry. They expect to be there [...]

Cerberus Capitol Management owns an 80.1% stake in Chrysler.  The deal between Daimler and Chrysler left Daimler with 19.9% in Chrysler.  It would seem that Cerberus thinks that Chrysler is well on it’s way to becoming profitable and they don’t want to share any of that profit with Diamler, Cerberus wants to buy the remaining [...]