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For DaimlerChrysler, there's more to a deal than cash

The price for the Chrysler Group might not matter as much to DaimlerChrysler AG officials as shedding the division's huge pension and health care liabilities does, according to the Detroit Free Press.
If the German company can get a deal where those liabilities -- which have been estimated to be in the $16.5-billion to $19-billion range -- are eliminated from its balance sheet, it might accept a sale price that on its own would seem low, the Free Press has learned.

Posted by   at 10:46 AM to Companies | Permalink

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