February 21, 2007

GM-Chrysler Rumors

Both companies deny it, but the market is now 50-50 on the idea that General Motors may wed the North American branch of Daimler-Chrysler.

If it is to be believed, J.P. Morgan has been hired to find a buyer for roughly 13 billion dollars.

What good is it to GM ? Beats me.

AllPar.com tries to make some sense of it.

leftlanenews reports the latest.

Posted by petergun at February 21, 2007 03:48 AM