Cerberus set to buy rest of Chrysler - report


FRANKFURT, Sept 24 (Reuters) - Private equity firm Cerberus Capital Management [CBS.UL] is in talks to buy the remaining 19.9 percent stake in U.S. carmaker Chrysler LLC still held by Daimler AG , Germany's Manager Magazin reported. Citing unidentified company sources, the magazine said on Wednesday that final details were being worked out and a sale could be possible within weeks. Cerberus bought 80.1 percent of Chrysler in May 2007 in a $7.4 billion deal struck just before turmoil ...

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