Automotive Industry News and Dodge Press Releases
Anyone still counting?
Daimler paid $37 billion for Chrysler in 1998 - all lost.
Cerberus paid $7.4 billion for an 80% stake in May 2007 - all lost.
The top 50 unsecured creditors’ claims total $730 million,
with total trade at about $1.5 billion.
The senior lenders’ claims total $6.9...