Gm Chrysler Merger Talks Reported

With A.G. Edwards Inc. and Ceridian Corp having decided purchase deals, the U.S. stock market was ready to move into more record-setting territory as the opening bell rang on Monday, according to Bloomberg and other news agencies.



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But the two rather large negatives here as well. You'll be the resultant, and obvious, lay offs that occur as the joint company takes associated with the economies of scale coming originating from a merger. Artwork bad timing to add big numbers to the unemployed rosters as the economy is sinking because individuals and companies are unable to borrow money.

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Chrysler is definitely an entirely different animal suffice to say. Chrysler is in definite need of short-term cash. And although they seem like the right candidate for aid, there is one slight issue which me apprehensive. The majority owner of Chrysler is often a company called Cerberus Capital Management. Up to this point, CCM has refused to make any effort to helping Chrysler. Individuals . raise red flags, and it is, in Congress. Healthy majority owner won't help you, then why if your tax payers? If CCM doesn't look for ways to help Chrysler, then there's every chance that they will receive pick up.

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