'Run It the Way We Want to Run It'

As Chrysler Group is snapped up by a private equity firm, the Detroit automaker is headed for big changes and it will not be "business as usual" for the company. "In a couple of months, it will go private and we can run it the way we want to run it and and not worry about quarterly numbers or what somebody might think," Chrysler CEO Tom Lasorda said. The private equity firm Cerberus Capital Management will purchase Chrysler Group for $7.4 billion, with the company joining Toys 'r' Us,...Full Story
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