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America's Business

April 2007

How Private Equity Could Save Chrysler

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Kirk Kerkorian desperately wants to buy an automaker. Five months after the 89-year-old deal maker sold a large stake in General Motors–after failing to pull off some major reforms he had sought–Kerkorian has offered $4.5 billion for the Chrysler Group, which parent company DaimlerChrysler has put ...

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