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DaimlerChrysler head said out after deal

DETROIT, July 27 (UPI) -- Dieter Zetsche, chief executive officer of DaimlerChrysler, issued what Detroit observers called a farewell message to Chrysler employees Friday.

Zetsche and Chrysler CEO Tom LaSorda thanked workers for their service in an e-mail message and urged continued relationship with Mercedes, the Detroit Free Press said.

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They said they would embark soon "on new and promising futures as two separate companies."

People familiar with the e-mail described it as a good-bye from Zetsche, the Free Press said.

DaimlerChrysler plans to sell 80.1 percent of Chrysler to Cerberus Capital Management, a private equity firm, but work together on several projects such as diesel, hybrid and fuel cell technology and electrical component development.

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