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Tuesday, June 19, 2007, 12:42:22pm Quote Report to Moderator

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Regulators Clear Chrysler Purchase
Tuesday June 19, 12:50 pm ET
By Christopher S. Rugaber, AP Business Writer  
Federal Antitrust Regulators Approve Cerberus's $7.4B Purchase of Chrysler


WASHINGTON (AP) -- Federal antitrust regulators have cleared Cerberus Capital Management's $7 billion purchase of Chrysler, people close to the deal said Tuesday.
The Federal Trade Commission made its decision before the end of a standard 30-day review, according to two people, who spoke on condition of anonymity because they were not authorized to speak publicly on the matter. Early termination of an FTC review typically signifies there will be no conditions placed on the deal.

http://biz.yahoo.com/ap/070619/cerberus_daimlerchrysler.html?.v=4


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