Problem:
I could use some help. As per Bloomberg (May 14, 2007) DaimlerChrysler AG ended its nine-year ownership of money-losing Chrysler, handing the control to private-equity firm Cerberus Capital Management LP and getting out of $19 billion in retirement liabilities.
Cerberus will invest $7.4 billion in a new venture called Chrysler Holding LLC, while DaimlerChrysler will contribute a net $650 million. Cerberus gets 80.1 percent of the company; while Daimler retains 19.9 percent.
Complete your research and prepare a 750 -1,000-word paper in which you summarize issues and opportunities with respect to Cerberus' objectives.