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The talks between G.M. and Cerberus Capital Management, the private equity firm that owns Chrysler, began more than per month ago, and the negotiations are not certain to produce much. Two people close on the process said likelihood of a merger were "50-50" as of Friday and would definitely still take weeks to work out side.
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"If you'll find fantastic opportunities, they would look their way. But they would be very focused how they financed it," said the source, who was not authorized to tell the media content.
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