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You are here:  Home / Cerberus Capital Management LP

Topic: Cerberus Capital Management LP

Cerberus Capital Management LP is the subject or is mentioned in the following stories:

Chrysler to close Calif. design studio

DETROIT, March 8 (UPI) -- Chrysler LLC will close its auto design studio in Carlsbad, Calif., a company spokesman said.

Chrysler denies financial crisis reports

DETROIT, Dec. 22 (UPI) -- Chrysler Chief Executive Officer Robert Nardelli has denied reports the Detroit automaker is in a financial crisis, saying it's solid.

GMAC may sell parts of ResCap lending unit

DETROIT, Nov. 21 (UPI) -- GMAC Financial Services Corp. is exploring selling parts of its embattled Residential Capital Corp. mortgage arm, the U.S. financing company said Wednesday.

Northern Rock bank reports fresh offers

LONDON, Nov. 21 (UPI) -- Northern Rock PLC shares closed down 13 percent Wednesday after the struggling British bank said it received a takeover bid proposal below its market value.

Report: Chrysler to cut 1,000 more jobs

DETROIT, Oct. 31 (UPI) -- Chrysler LLC plans to cut at least 1,000 salaried workers to match the U.S. automaker's shrinking domestic market share, a published report said Wednesday.

Cerberus drops $6.2B ACS bid

NEW YORK, Oct. 30 (UPI) -- Cerberus Capital Management LP dropped its $6.2 billion offer for Affiliated Computer Services Inc. Tuesday, the U.S. private-equity firm said in a letter.

UAW, Chrysler reach tentative pact

DETROIT, Oct. 10 (UPI) -- The United Auto Workers reached a tentative contract with Chrysler for its U.S. facilities, union officials announced Wednesday.

Chrysler, autoworkers negotiate

DETROIT, Oct. 7 (UPI) -- Negotiators at Chrysler LLC said they remain optimistic about reaching a contract deal with the United Auto Workers union.

Report: J.C. Flowers eyes British bank

NEWCASTLE, England, Oct. 3 (UPI) -- Northern Rock PLC bank shares rose 10 percent Wednesday after a newspaper said a U.S. private-equity firm had secured $30 billion for a possible takeover.

Daimler: Kerkorian loses Chrysler appeal

STUTTGART, Germany, Sept. 19 (UPI) -- A U.S. appeals court ruled investor Kirk Kerkorian had no right to damages over the Daimler-Benz AG and Chrysler Corp. merger, DaimlerChrysler said Wednesday.
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