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#1
10-17-2008, 01:36 AM
Hummer Veteran
Join Date: Dec 2006
Posts: 191
A Hummer-Jeep Combo?
NEW YORK (CNNMoney.com) -- Merger talks between ailing automakers General Motors Corp. and Chrysler LLC. are reportedly picking up amid increased interest from lenders eager to close a deal.
A report in the Wall Street Journal said banking giant JP Morgan Chase & Co. (JPM, Fortune 500) and Cerberus Capital Management, a private equity fund, are the "major players driving the deal."
JP Morgan is advising Chrysler in the talks while Cerberus would like a stake in a combined GM-Chrysler, the Journal said, citing people familiar with the situation.
But a deal is far from certain. The report said certain members of GM's (GM, Fortune 500) board gave the deal "a cool reception." And it is unclear whether the parties will agree to swapping Chrysler for GM's 49% stake in GMAC LLC, according to the Journal.
Despite the uncertainty, some top-level executives remain "bullish" on the prospects of a merger, the report said.
#2
10-17-2008, 08:11 PM
Hummer Guru
Join Date: Jul 2006
Location: Stouts Creek
Posts: 4,192
Re: A Hummer-Jeep Combo?
That would be interesting! GM Chrysler together what a culture clash...
Mopar meets Delco
300 vs Caddy
Heep vs H3
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#3
10-17-2008, 09:25 PM
Hummer Guru
Join Date: Dec 2005
Location: In a FREE U.S.A. where Marxism, Socialism & Communism is not allowed !
Posts: 5,485
Re: A Hummer-Jeep Combo?
Trust me, don't hold your breath...!
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#4
10-17-2008, 10:17 PM
Hummer Expert
Join Date: May 2005
Location: Southern California
Posts: 829
Re: A Hummer-Jeep Combo?
Viper vs. Vette
Hemi vs. LS 7
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Desert Dan
H3 2006 Adventure/Lux/5-speed/sunroof/rock rails/underbody skids/block heater/Boulder Grey/ Defender Roof Rack
Jeep TJ Rubicon 2003
1988 Jeep Cherokee
Gone - But- Not Forgotten 4x4's
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1962 Willys Wagon
#5
10-17-2008, 10:25 PM
Hummer Expert
Join Date: May 2005
Location: Southern California
Posts: 829
Re: A Hummer-Jeep Combo?
oops
it is an ZR 1
LS9 638-hp, 205-mph,
__________________
Desert Dan
H3 2006 Adventure/Lux/5-speed/sunroof/rock rails/underbody skids/block heater/Boulder Grey/ Defender Roof Rack
Jeep TJ Rubicon 2003
1988 Jeep Cherokee
Gone - But- Not Forgotten 4x4's
1994 Jeep YJ
Toyota 4x4 Truck(s)
1970 Jeep CJ-5
1962 Willys Wagon
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