|GM-CHRYSLER MERGER TALKS|
Reuters: Major issues resolved in GM-Chrysler talks
Wagoner said to lead combined automaker if deal gets financed
DETROIT (Reuters) -- General Motors and Cerberus Capital Management LP have resolved the major issues in a proposed GM-Chrysler merger but the final form of any deal will depend on the financing and government support available, sources familiar with the talks said today.
Both sides have agreed that GM CEO Rick Wagoner would lead the combined automaker, the sources said. A merged GM/Chrysler ... story Published: Oct 29 1:00 pm U.S. Eastern time / Last changed: 10/29/08 4:13 p.m. EDT [REG]
Friday, October 31, 2008
Posted by The 'C' Team at 4:40 PM