Gm Chrysler Merger Talks Reported

The talks between G.M. and Cerberus Capital Management, the non-public equity firm that owns Chrysler, began more than per month ago, and the negotiations are not certain to produce much. Two people close into the process said chance is of a merger were "50-50" associated with Friday and would most likely still take weeks to work gone.



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December copper gained three.7% to $3.66 a pound. Palladium and platinum rose with palladium for December delivery up an individual.2% to $567.30 an ounce and platinum for January delivery up 1% to $1,656.60 an ounce . of.

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Ghosn, who's also Renault SA CEO, said that she had not had any talks with Cerberus Capital Management over either an alliance with Chrysler Group or simply a separate deal for Car. Cerberus earlier acquired DaimlerChrysler AG's Chrysler Group additional private-equity firms have been funding auto industry loan consolidation. The acquisition of Chrysler, early this month has $7.4 billion consideration.

Comcast's (CMCSA_) NBCUniversal won the You.S. broadcasting rights to your Olympic Games from 2014 to 2020, beating Fox and ESPN with a $4.38 billion bid.

Visa Us president Joseph Saunders, in a celebration call with analysts, said the payment processor would introduce a network participation fee for many for all of the its debit, credit and prepaid card services.

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