« Washington State outlaws text messaging and driving | Main | A Corporate Divorce on the Cheap »

Chrysler buyout deal is a test for the U.A.W.

Can private equity investors fix Chrysler for good, and can they avoid a confrontation with the United Automobile Workers union, Micheline Maynard asks in an analysis in The New York Times.
These are the most pressing questions to arise from the deal announced Monday for Cerberus Capital Management, which specializes in restructuring troubled companies, to pay a total of $7.4 billion to take control of Chrysler, with most of that money to be invested in the newly independent company.

Posted by   at 10:03 AM to Analysis , Companies | Permalink

Comments

Post a comment

Please be civil. Vicious comments, personal attacks and profanity won't be published.

Name:

Email Address:

URL:
Remember Me? YesNo

Comments: (you may use HTML tags for style)