Paraphrasing from NPR this morning on the circling of Daimler Chrysler (NYSE: DCX) by private equity vultures:
Daimler Chrysler is reported to be exploring selling its Chrysler division. According to our sources, private qquity firm Cerberus has made several awfuls…offers for the unit.
The core competency of Cerberus is presenting firms with “awfuls”.
