UPDATE 3-Daimler may sell remaining Chrysler stake

Newswire

(Adds Cerberus statement, analyst comment, byline) By Poornima Gupta DETROIT, Sept 24 (Reuters) - Daimler AG is 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, which 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, said on Wednesday it had approached Daimler for a possible sale. It is unclear at this ...

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