In 1998, Daimler-Benz bought the brand for $37 billion but a decade of losses followed.
Meanwhile, the Chrysler building remains the tallest brick building in the world.
Monday, May 14, 2007
John Snow buys Chrysler for $7.4 billion
Cerberus Capital Management whose current chairman is John Snow, the former treasury secretary, bought 80% of Chrysler for $7.4 billion.
In 1998, Daimler-Benz bought the brand for $37 billion but a decade of losses followed.
Meanwhile, the Chrysler building remains the tallest brick building in the world.
In 1998, Daimler-Benz bought the brand for $37 billion but a decade of losses followed.
Meanwhile, the Chrysler building remains the tallest brick building in the world.
