Three suitors expected to bid for Chrysler-report

Newswire

DETROIT, March 30 (Reuters) - DaimlerChrysler AG is expected to receive bids from three potential buyers for its U.S.-based Chrysler division, the Detroit News reported on Friday. Private-equity giants Blackstone Group and Cerberus Capital Management as well as the Canadian auto supplier Magna International Inc are expected to bid for Chrysler, the newspaper said, citing people close to the process. Blackstone, which is teaming with Centerbridge Partners, was preparing to present its bid ...

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