UPDATE 2-Daimler may sell remaining Chrysler stake

Newswire

(Adds details on Chrysler's operations, results) DETROIT, Sept 24 (Reuters) - Daimler AG said on Wednesday it was in talks with private equity group Cerberus Capital Management to sell its remaining 19.9 percent stake in struggling U.S. automaker Chrysler LLC. Cerberus bought 80.1 percent of Chrysler in May 2007 in a $7.4 billion deal just before a sharp slowdown in overall U.S. auto sales. It is unclear at this time how much Daimler's stake in Chrysler would be worth. Daimler said in ...

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