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frank stronach to own chrysler?
it's a long shot but magna (parent of magna entertainment group) is one of 3 firms looking to take daimer's $36 billion white elephant off their hands for a lot less than that now obviously poor investment from a few years back.
most likely one of the 2 private equity firms competing winds up with chrysler and breaks it into pieces. but frank's in there fighting the good fight. i've always thought he was okay for a billionaire. turned santa anita into a palace while churchill wouldn't put a single coat of new paint on hollywood park. |