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Old 05-17-2007, 10:33 AM
CrazyAce CrazyAce is offline
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Join Date: Jan 2006
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Default If a Private Equity firm buys a pulic company...?

I need some help here. If a private equity firm like Cerberus buys a public company (Chrysler) then is it still technically a private equity firm?

I don't know the technicalities, but since Chrysler, I suppose, was something of a subsidiary of Daimler then it wasn't really "public" to being with?
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