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As per Bloomberg (May 14, 2007) DaimlerChrysler AG ended its 9-year ownership of money losing Chrysler, handing control to private equity company 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% of the company; while Daimler retains 19.9%.
How many people would it make sense to involve and where and when would you hold it?
The key to interviewing successfully is your ability to respond appropriately and well to the questions asked during the interview.
IBM is a Globally Integrated Company IBM is altering its management practices of the past to practices consistent with the competitive reality of today.
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Legitimate power belongs to someone who occupies a particular job, office, or position in an organizational hierarchy. There are times when people respond to directions from someone with legitimate power even when they do not want to because they ..
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