05-23-2007, 10:04 AM
I think one of the most interesting parts in this is the incredible amount of money Dailer is losing on this. In 1998, they paid $36 billion to acquire Chrysler and now, less than 10 years later, are selling an 80.1% stake in it for $7.4 billion. If you made it whole company deal that is still only $9.23 billion, roughly a quarter of what they paid for it. Even worse once you account for inflation!