Monday, November 19, 2007

WSJ: Chrysler Loan Sale Likely Postponed

From the WSJ Deal Journal, Dana Cimilluca reports: Chrysler Loan Sale Likely Postponed
The $4 billion sale of loans connected to Cerberus Capital’s August purchase of Chrysler that was to take place this week will likely be postponed, a person briefed on the matter tells Deal Journal. Orders for the paper were due today, and so far, demand has been sluggish.